今日半导体+科网股联袂上攻点燃港股科技股，截至13:20，恒生科技指数涨1.61%，阿里巴巴涨6.65% 续创近4年新高，中芯国际、华虹半导体涨超5%，带动港股通科技ETF南方(159269)、香港科技ETF (159747)分别涨1.69%和1.5%。 消息面上: 1、阿里巴巴CEO吴泳铭在今日的2025云栖大会上，首提"超级人工智能"，且表示将积极推进3800亿的 AI基础设施建设，并计划追加更大的投入。 2、有"科技女股神"之称、方舟投资行政总裁伍德(Cathy Wood)时隔4年重新买入阿里巴巴，旗下两只 ETF周一共同购入阿里巴巴ADR，总值约1630万美元。 3、半导体产业链全线井喷，一方面是存储器芯片涨价，业界传出台积电末代3纳米制程CPU价格上涨， 加上上海微电子展示最新设备及长川科技三季报大幅预喜进一步提升情绪。 香港科技ETF (159747)紧密跟踪的中证香港科技指数是港股市场上唯一一只实现阿里、腾讯、百度、中 芯国际、比亚迪，以及未被纳入港股通的百度等中国科技十杰"Terrific 10"全覆盖的指数，聚焦AI+半导 体、新能源汽车、创新药等中国核心科技赛道。没有证券账户的，也可以关注 ...

Group 1 - US stock indices collectively declined overnight, while the China concept index surged by 1.76% [1] - Hong Kong's three major indices opened higher, with the Hang Seng Index rising by 0.44%, the National Index by 0.52%, and the Hang Seng Tech Index by 0.91% [1] - Major technology stocks in Hong Kong saw significant gains, with Baidu up nearly 7%, JD.com up 3%, and Alibaba up 2.74% [1] Group 2 - Biopharmaceutical stocks continued to perform well, with Baize Medical rising nearly 15%, and other companies like Rongchang Bio, WuXi AppTec, and Genscript also showing gains [1] - Various sectors including port and shipping stocks, autonomous driving concepts, tourism, semiconductor, and aviation stocks experienced upward movement [1] - Conversely, local Hong Kong bank stocks, nuclear power stocks, paper industry stocks, and gold stocks mostly declined [1] Group 3 - Alibaba's performance significantly influenced the Hong Kong market, with the Hong Kong Technology ETF (159747) and the Hang Seng Index ETF (513600) both rising over 1% [1] - The Hong Kong market has seen a four-day rally, surpassing the 26,000-point mark, with accelerated capital inflow into the Hang Seng Tech Index ETF (159742), which attracted over 800 million in the last 20 days [1] - Year-to-date, the Hang Seng Tech ETF and the Hang Seng Technology ETF from E Fund have both increased by over 28%, with net inflows exceeding 49 billion into the Hang Seng Technology ETF [1]

Group 1 - Alibaba's stock surged by 17%, significantly impacting Hong Kong's tech stocks, with the Hang Seng Index ETF and Hong Kong Tech ETF both rising over 1% [1] - Alibaba's Q2 performance highlighted user growth driven by Taobao flash sales, with cloud revenue increasing by 26% year-on-year and AI-related revenue maintaining triple-digit growth for the eighth consecutive quarter [1] - Alibaba's capital expenditure in Q2 reached 38.6 billion, and the company announced the development of a new generation of AI chips to be manufactured by domestic firms [1] Group 2 - The Hong Kong Tech ETF has seen net subscriptions for 17 out of the last 20 days, while the Hang Seng Index ETF experienced net subscriptions on 15 days, with the latest scale growing to 2.635 billion [2] - Recent financial reports from Tencent and Alibaba confirm AI-driven performance growth, alongside increased investments in AI infrastructure, suggesting a potential new round of value reassessment for Hong Kong tech giants [2]

Group 1 - The Hang Seng Index rose by 2%, reaching a new high since 2021, while the Hang Seng Tech Index increased by over 3.06% [1] - The Hong Kong Stock Connect saw a net inflow of HKD 5.16 billion last Friday, with continued net buying of over HKD 900 million in the morning session [1] - Major companies like China Telecom, JD Logistics, and Pop Mart were included in the Hang Seng Index's quarterly review [1] Group 2 - Haitong International noted that Hong Kong tech companies are becoming more competitive in the AI sector, with leading firms increasing their capital expenditure in AI [2] - The potential for foreign capital inflow in Hong Kong stocks may exceed expectations due to the Federal Reserve's potential interest rate cuts [2]

Group 1 - Hong Kong technology stocks experienced a strong rally after three days of consolidation, with notable gains in companies such as Hua Hong Semiconductor (over 11% increase), XPeng Motors, and Center Communications (both over 10% increase) [1] - The Southbound Technology ETF (159269) rose by 2.46%, while the Hong Kong Technology ETF (159747) increased by 1.72% [1] - The Southbound Technology ETF has seen a net inflow of funds for seven consecutive days, with a total of 2.12 billion yuan in net subscriptions over the past 20 days, indicating strong investor interest [1] Group 2 - The Hong Kong Technology ETF (159747) tracks an index that covers major technology stocks including Tencent, Alibaba, Xiaomi, and JD.com, with these stocks accounting for over 70% of the index [2] - A report from the chief strategist team at Industrial Securities suggests that global investors, particularly from China, are increasingly optimistic about the Chinese stock market, predicting a long-term bullish trend for Hong Kong stocks [2] - August is identified as an opportune time for investing in internet stocks according to the same report [2]

国金证券认为，医药板块中最值得关注的是创新药赛道，对创新医药投资机会的把握将是贯穿2025年全 年医药投资的主线。创新药龙头商业销售和BD业绩持续兑现，随着临床推进和数据读出，中国创新药 企业在肿瘤、自免及慢病领域潜力大单品预期增强，给细分赛道领先公司的成长空间和估值修复提供支 撑。全球领先的创新品种进入业绩放量兑现期，国际领先的临床突破或BD不断涌现。 相关产品：恒生生物科技ETF(159615)；香港科技ETF(159747)；恒生指数ETF(513600)；H股 ETF(159954)；更多相关场外基金——南方恒生科技指数发起（A类：020988；C类：020989）助力投资 者把握港股市场投资机遇。 2025年5月20日，恒生生物科技ETF(159615)盘初强势拉升，涨超4%，冲击3连涨。截至09:53，盘中换 手14.78%，成交4890.55万元，市场交投活跃。跟踪指数恒生生物科技指数强势上涨3.14%，成分股三生 制药上涨29.93%，荣昌生物上涨7.29%，诺诚健华上涨5.88%，石药集团，泰格医药等个股跟涨。 消息面上，恒生生物科技ETF(159615)成分股——三生制药今日早盘高开高走一 ...

Group 1 - The Hong Kong stock market is experiencing an upward trend, with technology stocks performing strongly, as evidenced by the Hong Kong Technology ETF (159747) rising nearly 2% [1] - The market is active, with a trading volume of 88.77 million yuan and a turnover rate of 23.4% for the Hong Kong Technology ETF [1] - The CSI Hong Kong Technology Index has increased by 1.24%, with notable gains in individual stocks such as 3SBio (up 5.39%), Kingdee International (up 4.76%), and Li Auto (up 4.64%) [1] Group 2 - Guoyuan International Holdings suggests that the Hong Kong stock market may continue to digest previous valuation increases, with upcoming earnings reports set to validate market expectations regarding AI's impact [1] - CITIC Securities highlights that core assets in the new economy, characterized by high consensus and large capacity, are uniquely positioned in the Hong Kong market, focusing on four key sectors: domestic computing power, internet, smart vehicles, and innovative pharmaceuticals [1] - Many companies in the Hong Kong market are still in the early stages of recovering net profit margins and revenue growth, indicating significant potential for improvement in profitability as the economy rebounds [1]