The U.S. Federal Reserve cut interest rates by 25 basis points as expected on December 11, 2025, lowering the federal funds rate target range to 3.50%–3.75%. The dovish remarks from the Fed Chair spurred a rally in major U.S. stock indices. The rate cut is expected to alleviate global liquidity pressures, potentially benefiting interest rate-sensitive Hong Kong-listed tech assets. Market participants are closely tracking products like the Hang Seng Tech ETF (513130), which has seen four consecutive days of net capital inflows, according to Wind data.
Beyond macro liquidity shifts, Hong Kong’s tech sector is also advancing at the industry level. Leading internet companies have established a consumer-focused business unit integrating AI applications, hardware, and content platforms, signaling accelerated AI adoption.
The Hang Seng Tech ETF (513130) has drawn significant investor interest, with net inflows of RMB 4.614 billion and a 61 billion share expansion since November 2025. Its assets under management (AUM) now stand at RMB 42.92 billion, up 115% year-to-date, making it a key tool for accessing Hong Kong’s tech leaders.
Valuations for the Hang Seng Tech Index appear attractive, with a forward P/E of 23.4x—below the Nasdaq 100 (42.37x) and STAR Market 50 (152.30x). The index tracks 30 innovative tech firms spanning internet, semiconductors, and AI, offering diversified exposure amid global capital rebalancing.
Analysts at CMB International project a year-end rebound for Hong Kong stocks, led by tech, citing supportive factors like Fed easing and mainland capital inflows. The Hang Seng Tech ETF (513130), with its low 0.2% management fee and T+0 trading flexibility, provides efficient access to this theme.
Managed by Huatai-PineBridge—a pioneer in China’s ETF market—the fund is part of a suite including the largest A-share ETFs. Investors should note risks such as currency fluctuations and overseas market volatility inherent in cross-border investments.
Disclaimer: Past performance does not guarantee future results. Investors should assess risk tolerance and review fund documents before investing.
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