Group 1 - The Hong Kong Technology ETF Tianhong (159128) experienced a slight decline of 0.11% on February 10, with a trading volume of 66.63 million yuan [1] - The fund's shares increased by 73 million to a total of 2.607 billion shares, with a notable increase of 789 million shares over the past 20 trading days [1] - The latest net asset value of the fund is calculated to be 2.359 billion yuan [1] Group 2 - The performance benchmark for the Hong Kong Technology ETF Tianhong is the National Index of Hong Kong Stock Connect Technology Index return (adjusted for valuation exchange rate) [1] - The fund is managed by Tianhong Fund Management Co., with fund managers Sha Chuan and Hong Minghua [1] - Since its establishment on October 31, 2025, the fund has reported a return of -9.52%, with a recent one-month return of -3.71% [1]

Group 1 - The Hong Kong stock market showed a strong rebound on February 11, with the Hang Seng Tech Index rising nearly 1% and the Guozheng Hong Kong Stock Connect Tech Index increasing over 1% [1] - Notable performers among constituent stocks included Bilibili-W and Xiaomi Group-W, both rising over 5%, while BYD Company Limited saw an increase of nearly 4% [1] - The Tianhong Hong Kong Tech ETF (159128) has attracted significant capital, with a net subscription of 10 million units and a total inflow exceeding 720 million yuan over the past 20 trading days [1] Group 2 - Xiaomi Group's founder and CEO Lei Jun announced the completion of the first-generation Xiaomi SU7 production, with over 360,000 units delivered [2] - The production line is currently being modified to prepare for the next generation of the SU7 [2] - According to招商证券, the recent downturn in the Hong Kong tech sector presents significant investment opportunities, as the current market volatility is seen as a temporary liquidity shock [2]

Group 1 - The Hong Kong stock market showed a rebound after a dip, with the technology sector initially falling over 2% but turning positive near the market close [1] - The Hong Kong Technology ETF Tianhong (159128) saw a net inflow of nearly 100 million shares during the day, marking 18 consecutive trading days of inflows, with a total net inflow of 616 million yuan over the last 30 days [1] - As of February 4, 2026, the latest scale of the Hong Kong Technology ETF Tianhong reached 2.134 billion yuan, setting a new high since its listing [1] Group 2 - The Hong Kong Stock Connect Technology Index focuses on leading tech companies like Alibaba and Tencent, with accelerated AI application deployment driving growth in cloud services and advertising revenue [2] - The index covers a broader range of industries compared to similar indices, demonstrating greater elasticity during market uptrends and better defensiveness during downturns [2]

Group 1 - The Hang Seng Technology Index rose by 0.5% and the Hang Seng Index increased by 1.35% on January 27 [1] - The Tianhong Technology ETF (159128) recorded a trading volume exceeding 77 million yuan, with a turnover rate over 4%, and a net subscription of 31 million units [1] - The Tianhong Technology ETF has seen continuous net inflows for 11 days, accumulating over 190 million yuan [1] - The Tianhong Hang Seng Technology ETF (520920) had a trading volume exceeding 320 million yuan and has experienced 16 consecutive trading days of net inflows, totaling over 2.8 billion yuan [1] - The Tianhong Technology ETF closely tracks the Hong Kong Stock Connect Technology Index, allowing T+0 trading and is not restricted by QDII quotas [1] - The Tianhong Hang Seng Technology ETF focuses on leading technology companies in Hong Kong and can invest in quality tech companies not included in the Hong Kong Stock Connect through the QDII mechanism [1] Group 2 - Tencent's CEO Ma Huateng emphasized a decentralized approach to AI strategy, focusing on user needs and privacy [2] - The semiconductor industry is expected to experience a comprehensive price increase, driven by accelerating AI application deployment [2] - Southbound capital is flowing into the market, with the information technology sector being a major beneficiary [2] - Global AI tech leaders are about to report earnings, and overseas investors are adopting a cautious stance towards US AI tech earnings [2] - The Hong Kong market is expected to continue structural growth supported by Fed rate cut expectations and improving A-share sentiment [2] - The demand for AI is anticipated to improve, making Hong Kong technology stocks a promising investment direction [2]

Group 1 - The Hong Kong stock market opened lower on January 15, with the National Index of Hong Kong Stock Connect Technology (987008.SZ) experiencing fluctuations, and the increase slightly receding by the time of reporting [1] - The Hong Kong Technology ETF Tianhong (159128) recorded a trading volume exceeding 25 million yuan, with a real-time premium rate of 0.30%, indicating frequent premium trading during the session [1] - As of January 14, the Tianhong ETF has seen a net inflow of funds for three consecutive days, accumulating over 20 million yuan, and a total net inflow exceeding 300 million yuan over the past 20 days [1] Group 2 - Western Securities pointed out that the Hong Kong technology sector is relatively stagnant in 2025, presenting high odds for growth, with expectations for a "Davis Triple Play" in 2026, making it one of the most elastic directions [2] - The dividend yield in Hong Kong is expected to continue outperforming that of A-shares due to the tax-exempt advantages of insurance capital investments, while innovative pharmaceuticals and new consumption trends will maintain a structural market [2] - The Chinese economy may experience a weak recovery in 2026, potentially supported by large-scale debt policies, which could lead to a strong recovery and further bolster Hong Kong stock performance [2]

Group 1 - The Hong Kong Technology ETF Tianhong (159128) increased by 2.45% on January 12, with a trading volume of 76.69 million yuan [1] - The fund's shares increased by 5 million, bringing the total shares to 1.812 billion, with a total increase of 438 million shares over the past 20 trading days [1] - The latest net asset value of the fund is 1.755 billion yuan [1] Group 2 - The performance benchmark for the Hong Kong Technology ETF Tianhong is the National Index of Hong Kong Stock Connect Technology Index return (adjusted for valuation exchange rate) [1] - The fund is managed by Tianhong Fund Management Co., Ltd., with fund managers Sha Chuan and Hong Minghua [1] - Since its establishment on October 31, 2025, the fund has returned -3.15%, while the return over the past month is 1.37% [1]

Group 1 - The Hong Kong stock market experienced a volatile rise, with the National Index of Hong Kong Stock Connect Technology increasing by 0.76%, marking three consecutive days of gains [1] - Notable stocks leading the gains include SenseTime, which rose nearly 6%, along with Li Auto, JD Health, Tongcheng Travel, and Xpeng Motors [1] - The Tianhong Hong Kong Stock Technology ETF (159128) recorded a trading volume of nearly 430 million yuan, with a significant net inflow of approximately 650 million yuan over the past 20 days, achieving a net flow rate of 61.77% [1] Group 2 - Zhongtai Securities anticipates a strong spring market, suggesting that the upcoming trends will likely focus on high-prosperity industries amid a marginally improving macroeconomic environment [2] - Guotai Junan highlights the robust and certain growth of China's emerging technology and capital goods in the context of AI and industrialization trends in emerging markets [2] - The report emphasizes the ongoing global breakthroughs in chip technology and rising storage prices, alongside a domestic shortage of computing power infrastructure, which is expected to accelerate domestic production [2]

Group 1 - The Hong Kong Technology ETF Tianhong (159128) increased by 0.55% on December 30, with a trading volume of 40.82 million yuan [1] - The fund's shares rose by 24 million, bringing the total shares to 1.791 billion, with an increase of 755 million shares over the last 20 trading days [1] - The latest net asset value of the fund is 1.652 billion yuan [1] Group 2 - The performance benchmark for the Hong Kong Technology ETF Tianhong is the National Index of Hong Kong Stock Connect Technology Index return (adjusted for valuation exchange rate) [1] - The fund is managed by Tianhong Fund Management Co., Ltd., with fund managers Sha Chuan and Hong Minghua [1] - Since its establishment on October 31, 2025, the fund has returned -7.77%, with a return of -3.39% over the past month [1]

Group 1 - Hong Kong stocks showed strong performance in the afternoon, with semiconductor and robotics sectors leading the gains, as the Hang Seng Tech Index rose over 2% [1] - Notable stocks included Baidu Group-SW, which increased by over 8%, and Horizon Robotics, SMIC, and Hua Hong Semiconductor, which also led the gains [1] - The Hong Kong Tech ETF Tianhong (159128) recorded a trading volume exceeding 32 million HKD, with a net subscription of 28 million units during the session [1] Group 2 - Xunce Technology, known as the "first stock of large model Data Agent," officially listed today at a price of 48 HKD per share, with a market capitalization of 15.5 billion HKD [2] - The company has a significant shareholder in Guangxi Tencent Venture Capital, holding 5.59% of the issued ordinary shares [2] - Analysts from Galaxy Securities expect continued net inflows from foreign and southbound funds due to a favorable monetary policy environment, which may lead to substantial improvements in the profitability of Hong Kong-listed companies [2]

Core Viewpoint - The Hong Kong Technology ETF Tianhong (159128) experienced a decline of 0.54% on December 29, with a trading volume of 73.29 million yuan, indicating a slight downturn in the technology sector [1] Group 1: Fund Performance - The fund's latest net asset value is calculated at 1.613 billion yuan [1] - Since its inception on October 31, 2025, the fund has reported a return of -8.69% [1] - Over the past month, the fund's return has been -4.36% [1] Group 2: Fund Activity - On the same day, the fund's shares increased by 25 million, bringing the total shares to 1.767 billion [1] - In the last 20 trading days, the fund's shares have increased by 806 million [1] Group 3: Management and Benchmark - The fund is managed by Tianhong Fund Management Co., Ltd., with managers Sha Chuan and Hong Minghua [1] - The performance benchmark for the fund is the National Index of Hong Kong Stock Connect Technology Index Return Rate (adjusted for valuation exchange rate) [1]