Core Viewpoint - The Hong Kong stock market is experiencing a strong rally, particularly in the technology sector, with significant gains in major tech stocks and a positive outlook for the fourth quarter [1] Group 1: Market Performance - The Hang Seng Technology Index rose over 2%, with notable increases in stocks such as Bilibili-W (+8%), Hezhima Intelligent (+6%), and others [1] - The Hong Kong Technology 30 ETF (513160) saw an intraday increase of over 3%, with a cumulative weekly gain of approximately 6% [1] Group 2: Capital Inflows - As of October 20, southbound capital has recorded a cumulative net inflow of 112.58 billion yuan this year, indicating strong interest in the Hong Kong stock market [1] Group 3: Future Outlook - Analysts suggest that the bullish trend in the Hong Kong stock market will continue into the fourth quarter, driven by the performance of internet giants benefiting from AI narratives and potential foreign capital inflows due to the Federal Reserve's interest rate cuts [1] - The technology sector is expected to remain the main focus of the market, with AI driving the momentum [1] Group 4: Investment Accessibility - For retail investors, direct investment in multiple Hong Kong tech stocks can be complex; however, the Hong Kong Technology 30 ETF (513160) offers a simplified way to invest in a basket of quality tech companies [1]

Group 1 - The Hong Kong stock market opened significantly higher, with the Hang Seng Index rising over 2% and the Hang Seng Tech Index increasing over 3% [1] - The technology sector led the gains, with notable increases in stocks such as UBTECH rising over 6%, Alibaba-W and Bilibili-W up over 4%, and ZTE, Sunny Optical Technology, SMIC, and SenseTime rising over 3% [1] Group 2 - The Hong Kong Tech 30 ETF (513160), which tracks the Hang Seng Tech Index, saw an intraday increase of over 3% [2] - Recent data from Wind indicates that the Hong Kong Tech 30 ETF has attracted significant capital, with its shares increasing by 28.47 million to a total of 379.2 million since the second half of the year, reaching a new high since its launch, with a latest scale of approximately 4.8 billion yuan and attracting over 3.6 billion yuan in capital [2] - Analysts suggest that the global AI computing power industry chain is experiencing rising prosperity, benefiting the Hong Kong tech sector as a core asset hub for domestic AI, supported by substantial inflows of southbound capital [2]