This week’s final trading day (October 24) saw a rebound in the Hong Kong stock market, recovering from previous weak performances. The information technology sector showed strong gains, acting as a primary driver for the market’s rise, while the new energy vehicle sector displayed relatively weak performance.
The Hong Kong market’s 30 ETF (520560) showcased steady performance, with afternoon trading premiums further expanding, closing up 0.51% and successfully surpassing the five-day moving average. From a technical perspective, the five-day moving average continues its upward trend, indicating that buying power currently dominates the market.
In terms of constituent stocks, SMIC surged by 8%, leading the charge, followed by Lenovo Group, Alibaba-W, and Kuaishou-W, each registering gains of over 2%. Conversely, Li Auto-W and Xiaomi Group-W exhibited relative weakness.
On the funding front, the Hong Kong market’s 30 ETF (520560) has been attracting significant capital attention. According to Shanghai Stock Exchange data, since its listing on October 13, the ETF has seen an average daily trading volume exceeding 31 million yuan, reflecting active market participation! Over the last ten trading days, it has accumulated net capital inflows of nearly 30 million yuan, signaling active investment.
Looking ahead, Guotou Securities suggests that a significant style shift may occur in the Hong Kong stock market in Q4, with low-position growth sectors like Hang Seng Technology potentially taking a relative lead. Currently, the excess returns of the ChiNext Index compared to Hang Seng Technology appear to have peaked and are on the decline, indicating that Hang Seng Technology in the internet sector could be a promising rebound candidate.
CITIC Securities noted that a potential restart in the Federal Reserve's interest rate cut cycle would benefit the Hong Kong stock market, especially the technology sector, which is expected to experience valuation expansion amid the rising AI industry chain and liquidity overflow. Furthermore, as the global AI computing power industry's prosperity continues to rise, the Hong Kong tech sector may directly benefit from these industry development trends.
【Five Key Points for Considering an Investment in Hong Kong Market’s 30 ETF (520560)】 1. Leading Companies: A one-click investment into core Hong Kong assets minimizes individual stock selection risk. 2. Structural Advantage: Incorporates a "technology + dividend" strategy, balancing offense and defense. 3. Attractive Valuation: Low price-to-earnings and price-to-book ratios highlight strong investment value. 4. Flexible Trading: The "T+0 mechanism" and high liquidity make it suitable for both short-term trades and systematic investment plans. 5. Long-Term Value: Historically stable performance, making it a suitable foundational tool for long-term investment in Hong Kong stocks.
The Hong Kong market’s 30 ETF (520560) closely tracks the Hang Seng China (Hong Kong Listed) 30 Index, comprising 30 constituent stocks that embody a balanced strategy of high-growth tech and high-dividend yield assets! Concentrated in leading companies across the internet, finance, electronics, and consumer sectors, all included are high liquidity blue chips in the Hong Kong stock connect. The top ten holdings comprise over 73% of total weight, indicating high concentration and strong capacity for capital absorption, with lower execution costs for large transactions.
Note: Recent market fluctuations may be significant, and short-term price movements do not necessarily predict future performance. Investors are urged to make investment decisions rationally based on their financial conditions and risk tolerance, with a strong emphasis on position and risk management.
Risk Warning: The Hong Kong market’s 30 ETF passively tracks the Hang Seng China (Hong Kong listed) 30 Index, which was established on January 3, 2000, and published on January 20, 2003. The constituent stocks are adjusted according to the index rules as necessary. The stocks mentioned in this document are for display purposes only; descriptions of individual stocks do not constitute any form of investment advice and do not represent the holdings or trading activities of any funds managed by the manager. The fund manager assesses this fund’s risk level as R4 - medium to high risk, suitable for proactive investors (C4) and above. Any information contained in this article (including but not limited to stocks, comments, predictions, charts, indicators, theories, and any form of representation) is for reference only, and investors are fully responsible for any investment decisions they make independently. Furthermore, any opinions, analyses, and predictions expressed herein do not constitute any form of investment advice to readers, and the author shall not be liable for any direct or indirect losses incurred from using the content of this article. The performance of other funds managed by the fund manager does not guarantee the performance of this fund, and past performance does not predict future results. Investing in funds involves risks and should be approached with caution.
The MACD golden crossover signal has formed, and these stocks are performing well!