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Southbound funds are buying heavily into the technology sector, with multiple resonances triggering valuation recovery
2 day ago /
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Author：小编
After the adjustment in June, the Hang Seng Tech Index of Hong Kong stocks rebounded this week. Influenced by multiple factors such as the release of policy dividends, a shift in global capital styles, and the sector's valuation being at a historical low, the enthusiasm of domestic capital for deploying in Hong Kong stock tech leaders through ETFs has increased. This week, southbound funds have flowed significantly into Hong Kong stocks, with a cumulative net inflow of nearly HK$25 billion over two days, primarily adding positions in tech heavyweight stocks. Since July, the net inflow of funds into Hong Kong stock tech-themed ETFs has reached RMB 7.494 billion.
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