Group 1 - The Hang Seng Technology Index opened lower but stabilized, closing at 5355.83 points, down approximately 0.34% from the previous trading day [1] - The Hang Seng Technology ETF (520570) experienced active trading with a turnover of about 160 million yuan and a turnover rate of approximately 6.07%, demonstrating strong resilience and capital support [1] - The current price-to-earnings ratio (PE-TTM) of the Hang Seng Technology Index is 22.18 times, significantly lower than major global technology indices, indicating a historical low valuation [2] Group 2 - Despite short-term pressure from fluctuations in U.S. Federal Reserve policy expectations and global technology sector sentiment, core constituents are making progress in AI commercialization, with companies like Xiaomi and Li Auto advancing their AI initiatives [2] - Southbound capital continues to increase, with a net inflow of 24.98 billion HKD on February 5, marking the highest single-day net inflow since August 2025, and further net purchases exceeding 10 billion HKD on February 6 [2] - The Hang Seng Technology ETF closely tracks the Hang Seng Technology Index, covering 30 of the largest and most liquid technology companies listed in Hong Kong, and is expected to have long-term recovery potential due to low valuations and continuous inflows [3]