Amid recent intensifying global geopolitical disturbances and trade friction concerns triggered by U.S. tariff hikes on the EU, market risk appetite has been suppressed. As an offshore market, Hong Kong's technology sector subsequently experienced adjustments; however, capital flow data reveals a pronounced trend of counter-cyclical positioning. Wind data indicates that the Hang Seng Tech ETF (513130) has recorded net capital inflows for 10 consecutive trading days, accumulating to 3.591 billion yuan, driving its total shares outstanding to a record high of 63.3 billion units. This reflects growing investor confidence in the medium- to long-term allocation prospects of Hong Kong's tech sector.
Recent active launches of multiple AI applications by several leading internet companies have provided a positive catalyst for the Hong Kong technology sector. ByteDance's AI agent platform "Kouzi" completed its 2.0 brand upgrade on January 19, 2026; "Qianwen App" surpassed 100 million monthly active users within two months of launch, ranking among the fastest-growing domestically; the newly released motion control feature for Kling received enthusiastic feedback overseas, with its December 2025 revenue breaking through $20 million, corresponding to an annualized revenue run rate (ARR) surging to $240 million—doubling since March last year.
From a valuation perspective, the Hang Seng Tech Index currently appears highly attractive. The index's latest price-to-earnings (PE) ratio stands at just 23.52 times, positioned at the 37.98th percentile of its historical range over the past five years. This valuation is significantly lower than the U.S. Nasdaq Index (41.98 times) and China's A-share STAR 50 Index (173.36 times). Supported by the dual tailwinds of AI advancement, capital inflows, and relatively low valuations, the Hang Seng Tech Index may currently present a strategic entry point for investors.
The Hang Seng Tech ETF (513130) supports intraday T+0 trading, offering a convenient way to gain exposure to a basket of core Hong Kong-listed technology assets. It closely tracks the Hang Seng Tech Index, which aggregates leading technology companies with significant expertise and business presence in internet services, cloud computing, and artificial intelligence—firms poised to lead in large language model development and AI application deployment. The ETF's management fee is notably low at just 0.2% per annum, potentially enabling cost-effective participation in the Hong Kong tech sector. For investors unable to trade ETFs directly, related ETF feeder funds offer an alternative access route.
The fund manager of Hang Seng Tech ETF (513130), Huatai-PineBridge Fund Management, is one of China's pioneering ETF managers. Beyond its specialized satellite allocation ETFs, the firm has deep expertise in broad-market and dividend-themed index products. Its "Dividend ETF Suite" includes the Dividend ETF (510880), Low Volatility Dividend ETF (512890), Hong Kong Stock Connect Dividend ETF (513530), Central SOE Dividend ETF (561580), and Hong Kong Stock Connect Low Volatility Dividend ETF (520890), which may serve as solid defensive components within a "barbell strategy" portfolio.
When investors subscribe for or redeem shares of the Hang Seng Tech ETF, the subscription/redemption agent brokerage may charge a commission of up to 0.5%, which includes fees levied by the stock exchange and registration institutions. This information is extracted from the fund's legal documents. Commission rates for secondary market transactions are set by the investor's brokerage, and stamp duty is exempted.
Risk Disclosure: All investments involve risk; caution is advised. Before purchasing any fund product, investors should review applicable suitability regulations, complete a risk assessment questionnaire in advance, and only acquire funds matching their personal risk tolerance. Past performance of a fund is not indicative of future results, and the performance of other funds managed by the same manager does not guarantee the performance of this fund. Investors must be aware of investment risks and carefully read the fund contract, prospectus, and product key facts statement to understand specific fund details. As this fund invests in overseas securities markets, it is exposed to general risks similar to domestic equity funds—such as market volatility—as well as specific risks including currency exchange rate fluctuations and overseas market risks. The Hang Seng Tech Index is compiled and published by Hang Seng Indexes Company Limited, which retains all rights to the index. While Hang Seng Indexes Company takes all necessary measures to ensure index accuracy, it does not guarantee this and accepts no liability for any errors in the index.
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