While the A-share market's strong performance has created a capital siphoning effect and disagreements over the Federal Reserve's interest rate cut path have intensified, the Hong Kong stock market has generally shown weakness since 2026 and lagged behind A-shares. However, against the backdrop of a gradually strengthening AI application theme, the Hong Kong tech sector, which aggregates internet leaders scarce in the A-share market, has frequently seen active capital allocation.
Wind data shows that the popular product—Hang Seng Tech ETF (513130)—has accumulated capital inflows of 2.596 billion yuan since 2026, making it the only ETF tracking the Hang Seng Tech Index with net inflows exceeding 1.7 billion yuan during the same period. Furthermore, the ETF's average daily turnover reached 5.836 billion yuan, not only surpassing its own 2025 average of 5.112 billion yuan but also making it the sole product in its category with an average daily turnover exceeding 5.6 billion yuan since 2026, demonstrating a significant liquidity advantage. Driven by sustained capital inflows, the scale and share count of Hang Seng Tech ETF (513130) have continued to refresh historical highs, reaching 47.360 billion yuan and 62.554 billion shares respectively at the latest reading.
Since the start of 2026, trading sentiment in the AI application industry chain has significantly warmed up due to multiple catalysts. The announcement on January 15th by a leading Hong Kong-listed internet company that its Qianwen App was formally being integrated into various major apps further strengthened the AI narrative for the Hong Kong tech sector, drawing market attention to its allocation value. As the commercialization path for AI applications becomes progressively clearer, relevant leading companies are expected to experience a dual recovery in both valuation and performance.
It is reported that the Hang Seng Tech ETF (513130), which supports intraday T+0 trading, closely tracks the Hang Seng Tech Index, a representative index of the Hong Kong tech market. The index gathers a group of technology companies with core competitiveness and development potential. Its top five constituents are SMIC, Alibaba-W, Meituan-W, Tencent Holdings, and BYD Company. These enterprises possess deep technological积累 and extensive business layouts in cutting-edge fields such as the internet, mobile payments, cloud computing, and artificial intelligence. They are industry leaders in areas like large model development and AI application implementation and are poised to benefit from the current wave of AI application opportunities.
Hang Seng Tech ETF (513130) is one of the more recognized tools for allocating to the Hong Kong tech sector among investors. According to the fund's latest interim report for 2025, the number of holder accounts exceeded 220,000 by the end of the reporting period. As a mainstream allocation tool, Hang Seng Tech ETF (513130) features a large scale, excellent liquidity, supports intraday T+0 trading, and has a management fee rate of only 0.2%, potentially making it suitable for investors seeking low-cost exposure to Hong Kong tech assets. Off-exchange investors can also pay attention to its feeder fund.
Note: ① Intraday T+0 refers to the exchange trading mechanism; ② When subscribing for or redeeming fund shares, the subscription/redemption agent broker may charge a commission of up to 0.5%, which includes relevant fees charged by the stock exchange, registration institution, etc. The above is excerpted from the product legal documents. Brokerage commissions for secondary market trading are subject to the standards set by the investor's broker, and stamp duty is exempt.
Risk Warning: Funds carry risks, investment requires caution. If you intend to purchase related fund products, please pay attention to the relevant regulations on investor suitability management, complete a risk assessment in advance, and purchase fund products with a risk等级 that matches your own risk tolerance based on the assessment results. A fund's past performance is not indicative of its future results. The performance of other funds managed by the fund manager does not guarantee the performance of this fund. Fund investment involves investment risks; please read the fund contract, fund prospectus, product key facts statement, and other legal documents carefully to understand the specific details of the fund. This fund may invest in overseas securities markets. In addition to bearing general investment risks similar to those of domestic securities investment funds, such as market volatility risk, it will also face special investment risks including exchange rate risk and overseas securities market risk. The index is compiled and published by Hang Seng Indexes Company Limited, to whom the ownership of the index belongs. Hang Seng Indexes Company Limited will take all necessary measures to ensure the accuracy of the index but does not make any guarantee to this effect and shall not be held liable for any errors in the index.
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