Group 1 - The Hong Kong Stock Connect Technology ETF managed by Jiashi has seen a 0.71% increase as of September 29, 2025, with a peak increase of over 1% during the trading session [1] - Key component stocks such as SenseTime-W, UBTECH, and Hua Hong Semiconductor have all risen by over 4% [1] - The ETF has recorded a weekly increase of 0.99% as of September 26, 2025, indicating positive market momentum [1] Group 2 - The liquidity of the Jiashi Technology ETF is robust, with a turnover rate of 11.19% and a trading volume of 28.2415 million yuan during the session [1] - The average daily trading volume over the past year is 57.2401 million yuan, reflecting active market participation [1] Group 3 - The Jiashi Technology ETF closely tracks the Hang Seng Stock Connect Technology Index (HSSCITI), which aims to reflect the performance of Hong Kong-listed companies related to technology that can be traded through the Stock Connect [1] - As of September 26, 2025, the top ten weighted stocks in the HSSCITI include Alibaba-W, Tencent Holdings, and Xiaomi Group-W, collectively accounting for 78.8% of the index [4] Group 4 - According to Dongfang Securities, the production of humanoid robots is accelerating, with significant orders being received by companies like UBTECH and ZhiYuan [2] - The industry is at a pivotal point of transitioning from research and development to mass production, indicating a rise in industry prosperity [2] Group 5 - On September 29, UBTECH's subsidiary UQI signed a procurement contract with Tianqi Automation Engineering Co., Ltd. for a total price of 30 million yuan for the WalkerS series industrial humanoid robots, with delivery expected by December 31, 2025 [1]

截至2025年9月15日 11:27，港股通科技ETF嘉实(520670)上涨1.31%， 冲击7连涨。成分股方面，哔哩哔哩-W涨近6%，高伟电子、华虹半导体、阿里巴巴-W 涨超3%，黑芝麻智能、心动公司等跟涨。拉长时间看，截至2025年9月12日，港股通科技ETF嘉实近1周累计上涨5.02%，涨幅排名可比基金第一。 消息面方面，美联储9月利率决议的发布近在眼前。随着一系列就业及通胀数据的陆续出炉，降息预期的"拼图"已拼接完整——市场完全定价美联储将于本 周重启降息。当前市场关注的焦点已转向降息的幅度与节奏。分析人士普遍认为，美联储本周降息25个基点是大概率事件，但也不排除降息50个基点的可能 性。 国投证券认为，对于中国资产而言，本次降息大概率属于预防式降息，眼下来看港股资产受益程度将更加明显。结合今年以来的A/H轮动上涨特征+9月大概 率降息+互联网竞争边际影响趋缓，这或暗示：此前提出的"港股科技（中概互联）会跟上来"的观点在9月会得到体现。 | 股票代码 | 股票简称 | 涨跌幅 | 权重 | | --- | --- | --- | --- | | 01024 | 快手-W | 1.59% | 7.13 ...

截至2025年9月5日 13:12，港股通科技ETF嘉实(520670)上涨1.52%；成分股方面，英诺赛科涨超5%，中 芯国际涨近4%，华虹半导体、迈富时等跟涨。 流动性方面，港股通科技ETF嘉实盘中换手5.08%，成交1496.67万元。拉长时间看，截至9月4日，港股 通科技ETF嘉实近1年日均成交8132.79万元。资金流入方面，拉长时间看，港股通科技ETF嘉实近13个 交易日内，合计"吸金"4588.48万元。 港股通科技ETF嘉实紧密跟踪恒生港股通科技主题指数，恒生港股通科技主题指数（「HSSCITI」）旨 在反映能通过港股通买卖，业务与科技主题相关的香港上市公司之表现。 有市场分析认为，在政策红利释放、技术创新突破、流动性持续改善的"三重共振"下，港股科技板块正 展现出日益显著的投资价值。伴随美联储降息周期开启与南向资金持续流入，港股科技板块或迎来业绩 提升与价值重估的双重机遇。 国泰海通证券指出，往后看，近期美联储政策已明显转向，鲍威尔在年会上超预期转鸽，美元或延续震 荡偏弱格局，有望为外资边际改善甚至超预期回流提供良好的宏观环境。存量视角看，港股外资尤其偏 好科技+金融。随着压制港股科技的负面 ...

流动性方面，港股通科技ETF嘉实盘中换手20.96%，成交7065.44万元，市场交投活跃。拉长时间看，截至8月21日，港股通科技ETF嘉实近1年日均成交 6475.89万元。 截至2025年8月22日 13:34，港股通科技ETF嘉实(520670)上涨3.02%；成分股方面，华虹半导体涨超11%，中兴通讯涨超10%，黑芝麻智能、中芯国际等跟 涨。 港股通科技ETF嘉实紧密跟踪恒生港股通科技主题指数，恒生港股通科技主题指数（「HSSCITI」）旨在反映能通过港股通买卖，业务与科技主题相关的香 港上市公司之表现。 伴随着龙头中报业绩的验证、美联储降息预期的强化、Al商业化进程的加速，市场对于港股科技板块的信心逐步回归，资金开始提前蓄力伏击，关注其补涨 潜力。国投证券表示，从60日滚动收益率差值来看，历史上创业板指和恒生科技两者存在明确交替轮动关系，当创业板指涨幅领先恒生科技20pct时，多数 意味着恒生科技指数相对将迎来补涨，目前两者收益率差值已经来到18pct。 申万宏源证券认为，港股指数层面的阶段性跑输只是对前期上涨较快的阶段性盘整，而伴随着中报季业绩披露的逐渐展开，此前业绩预期较低的板块有望重 新获得市 ...

Market Performance - A-shares continued strong performance with the Shanghai Composite Index reaching a ten-year high since August 2015, while the North Star 50 hit a historical peak. The Shenzhen Composite Index and ChiNext Index also surpassed their previous highs from October 2022. The Shanghai Composite Index rose by 0.85%, the Shenzhen Composite Index increased by 1.73%, and the ChiNext Index gained 2.84%. The total trading volume in the Shanghai and Shenzhen markets reached 27,642 billion, a significant increase of 5,196 billion compared to the previous trading day [1]. ETF Performance - The top-performing ETFs included rare earth and artificial intelligence-related funds, with the rare earth ETF from E Fund (159715) leading with a 6.31% increase, followed closely by another rare earth ETF (159713) at 6.22%. The ChiNext artificial intelligence ETF from Southern Fund (159382) rose by 5.87% [2][3]. Industry Insights - The global liquidity easing expectations have provided support for metal prices, with many metal varieties facing supply rigidity due to capital expenditures. The overall valuation remains low, indicating potential for price increases in the future. The non-ferrous metals sector, particularly rare earths, tungsten, cobalt, and antimony, is expected to see upward momentum due to improved supply-demand dynamics and policy support [3]. - The demand for rare earths is anticipated to improve further due to the development of emerging industries such as new energy and humanoid robots, leading to a more favorable supply-demand balance and long-term price increases [3]. Artificial Intelligence Sector - The AI sector is expected to continue its innovation trajectory in the second half of 2025, accelerating growth across the industry chain. Analysts recommend focusing on the "AI mainline" and see opportunities in AI applications and computing power sectors. The AI sector has not yet reached overheating levels, suggesting further expansion into more AI-related fields [4]. ETF Trading Activity - The Hong Kong Securities ETF (513090) recorded the highest trading volume at 33 billion. Other notable ETFs included the Short-term Bond ETF (211360) and Silver Hua Li ETF (211880) [7][8]. The turnover rate for the Sci-Tech Growth ETF (588070) was the highest at 337% [8]. New ETF Launches - A new AI-focused ETF from Huatai-PineBridge (589560) will begin fundraising, closely tracking the Shanghai Stock Exchange Sci-Tech Innovation Board AI Index, which includes 30 companies in the AI sector. This index emphasizes semiconductor companies and high R&D investment [9][10].