This week marks the final sprint for Q3 earnings disclosures among Hong Kong-listed tech firms, with several industry giants set to release results. Key focuses remain on internet leaders' R&D investments in foundational AI technologies and the implementation progress of AI application products—core drivers for the sector's trading activity. Given the anticipated resilience in fundamentals of Hong Kong's top tech companies, the Hang Seng Tech ETF (513130), representing the sector's strength, continues to attract contrarian capital inflows amid recent market pullbacks.
Wind data reveals that the Hang Seng Tech ETF (513130) saw a net inflow of RMB 2.131 billion last week (3/11/2025–7/11/2025), standing out as the only Hong Kong tech ETF with over RMB 2 billion in net inflows during the period—a testament to strong investor interest. Bolstered by this demand, the ETF's AUM has surpassed RMB 42.573 billion with outstanding shares reaching 55.189 billion (data as of 7/11/2025).
Huatai Securities noted in a recent report that while external volatility may dampen domestic investor sentiment, Hong Kong markets have likely priced in most concerns. The firm maintains that Hong Kong tech stocks hold medium-term allocation value. China's AI ecosystem—spanning models, hardware, and applications—differs from the U.S.'s three-year development cycle since 2023. Chinese equity valuations remain attractive globally under earnings-based frameworks, with tech self-sufficiency emerging as a long-term theme under the "15th Five-Year Plan" policy support.
Tracking the Hang Seng Tech Index—a benchmark comprising 30 innovative internet and manufacturing leaders across sectors like software, media, autos, and semiconductors—the Hang Seng Tech ETF (513130) offers broad exposure. With a current P/E of 22.69x (near 30.28% of its 5-year percentile), it trades at a notable discount to the Nasdaq 41.46x and STAR 50 Index's 161.34x, positioning it as a potential value play for AI-driven growth (data as of 7/11/2025).
As Q3 reports unfold, clarity on AI execution paths may catalyze further momentum for Hong Kong tech. The Hang Seng Tech ETF (513130), holding over 220,000 investor accounts per its mid-2025 report, combines scale, liquidity, intraday T+0 trading, and low fees—making it a strategic tool for core tech exposure. OTC investors may consider its feeder funds (Class A 015310, Class C 015311).
Note: Intraday T+0 refers to exchange trading mechanisms.
Risk Disclosure: Investments involve risks. Investors should assess suitability per risk profiles and review fund documents—including prospectuses—before investing. Past performance doesn’t guarantee future results. The ETF invests in overseas markets, bearing additional risks like currency fluctuations. The Hang Seng Tech Index is compiled by Hang Seng Indexes Company, which disclaims liability for index accuracy.
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