Global risk assets surged after Trump agreed to a two-week ceasefire. On April 8, Hong Kong stocks opened sharply higher, with the Hang Seng Index rising over 3% at one point and the Hang Seng Tech Index gaining over 4%. TENCENT (00700) climbed 3%, BABA-W (09988) advanced nearly 4%, Xiaomi Group-W increased over 5%, and MEITUAN-W (03690) soared more than 8% during the session.
Huabao Fund's HK Internet ETF (513770), a core tool for investing in Hong Kong AI stocks, saw its market price surge 5%, with trading volume rapidly exceeding 400 million yuan.
CSC Financial previously indicated that April would be a critical period for Hong Kong stocks to transition from an "emotional buying opportunity" to an "earnings-driven buying opportunity." The first-quarter results and full-year guidance from internet and AI leaders will determine whether this rebound can evolve from risk preference recovery to a profit-driven upward trend.
The institution noted that based on disclosed earnings, some companies have already demonstrated clear revenue and profit validation, indicating that Hong Kong's most important thematic assets still possess solid fundamental support. Therefore, as long as risk preference continues to improve marginally, it is highly likely that capital will return to internet and AI leaders, making the internet sector the top priority for allocation.
Positioning for the 2026 AI commercialization breakthrough year requires focusing on core AI tools in Hong Kong markets. The HK Internet ETF (513770) and its feeder funds (Class A 017125; Class C 017126) passively track the CSI Hong Kong Stock Connect Internet Index. Their top ten holdings include tech giants like BABA-W and TENCENT, along with AI application companies across various sectors, showcasing significant leadership advantages. The ETF offers intraday T+0 trading with excellent liquidity.
For investors bullish on Hong Kong tech but seeking reduced volatility, consider the market's first Hong Kong Large Cap 30 ETF (520560). It employs a "tech + dividends" barbell strategy, holding both high-growth tech stocks like Alibaba and stable high-dividend bank and insurance stocks, making it an ideal core holding for long-term Hong Kong market exposure.
Note: Recent market volatility may be significant, and short-term gains or losses do not indicate future performance. Investors should make rational investment decisions based on their financial situation and risk tolerance, paying close attention to position and risk management.
ETF fee information: Subscription/redemption agents may charge up to 0.5% commission, including fees from exchanges and registration institutions. Feeder fund fees: Huabao CSI HK Stock Connect Internet ETF Feeder Fund (Class A) has a front-end subscription fee of 1,000 RMB per transaction for amounts over 2 million RMB, 0.6% for 1-2 million RMB, and 1% below 1 million RMB. Redemption fees are 1.5% for holdings under 7 days and 0% for 7 days or more; no service fee is charged. The Class C feeder fund has no subscription fee, with redemption fees identical to Class A, and a 0.3% service fee.
Risk disclosure: The HK Internet ETF passively tracks the CSI HK Stock Connect Internet Index (base date 2016.12.30, launched 2021.1.11). Index components are adjusted per its rules. Constituent stock mentions are for illustrative purposes only and do not constitute investment advice or reflect fund holdings. The fund manager rates this fund R4 (medium-high risk), suitable for aggressive (C4) or higher investors. All information herein is for reference only; investors bear responsibility for independent decisions. Views and analysis do not constitute investment advice, and no liability is accepted for losses. Past performance of other funds does not guarantee future results. Fund investment carries risks.
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