In the recent period, the technology sector of the hong kong stock is experiencing a phased shock, with multiple factors woven into the market with a clear segmentation. With regard to the external environment, the continued escalation of global geo-conflicts, coupled with signals of monetary policy shifts in major economies, triggered expectations of tight liquidity in the market, and the impact on the science and technology sector as a representative of growing assets was more pronounced。
At the level of internal factors, the market has a strong lookout for the profitability of science and technology enterprises in the current period of intensive disclosure by hong kong equity companies. At the same time, in march, the port stock peaked at a sales-restricted stock release, adding to the short-term risk avoidance of funds。
It should be noted that the technology sector of the hong kong stock is influenced by a number of factors, including industry trends, market sentiment and some volatility, and its long-term value for investment remains. Mci indicated that the pre-deficit shared technology blocks had an average return to repair space. Focused layout valuations remain at a historically low level and continue to scale up buy-back write-offs on the front-line internet platform, focusing on assets such as industry-catalytic ai applications and smart driving。
The internet front-line platform remains at the centre of the landing of the bottom-up technology r & d and applications of ai, and its organizational structure is strategically reoriented. Progress in the ai industry has been accelerating steadily, with the large model being scaled up exponentially. As of the end of march 2026, china's average large-scale daily model token had exceeded 1. 4 trillion calls, a significant increase from 10 trillion at the end of 2025, reflecting the continuing increase in the size of the giant capex at the end of the ai infrastructure. Seedance2. 0 further builds the foundation for multi-modular intelligence in the case of corporate surveys, qwen3. 6-plus, etc。
On-site etf, the bank of technology and technology of the hong kong unit followed closely the cit 30 etf index (987008), the composition of which was only 30, and wind data showed that, as at 31 march 2026, the top 10 weight shares of the citi (98708) were, respectively, telecommunication control units, aliba-w, mini-mi group-w, united states-w, biadi shares, cbi, sindarbian, fast-w, and physiological organisms, which together accounted for 79. 87 per cent. (note: the relevant unit is presented only as an index component unit and is not recommended as a unit
In terms of valuation, the wind data show that as at 2 april 2026, the latest rate of earnings (pe-ttm) of the national certificate of commerce and technology index of the hong kong unit, followed by the bank of technology and technology, 30 etf, was only 26. 12 times higher, at a level of 39. 77 per cent in almost 10 years and relatively low in history, with a certain investment value。
In the medium-to-long term, the cvu's ist performance was better than that of many others. The wind data show that, as of 2 april 2026, the national certificate port index for science and technology had increased by 58. 63 per cent over the last two years, with the same indicators being significantly advanced over the same period, such as the constant science and technology (32. 06 per cent) and the constant internet science and technology industry index (22. 75 per cent). (source: wind, starting 3 april 2024 to 2 april 2026)
Investors need to look rationally at short-term fluctuations and develop long-term investment concepts. In the face of short-term uncertainty, participation by way of batching or fixing investments may help to seize the long-term development opportunities of the industry. The hksc30 etf bank (159636) serves as a high-quality configuration tool for the one-key layout of the hkscreen science and technology section, suitable for the allocation of investors who wish to take advantage of the opportunities of the growth of the hkscientific stock, be able to withstand certain market fluctuations and have a long-term investment awareness, with off-site investors or interested in their connection funds (a:019933; c:019934)。
Note: the base date for the instac was 31 december 2014, with annual increases of 19. 53 per cent, 26. 24 per cent, 19. 36 per cent, 30. 94 per cent and 33. 06 per cent for the period 2021-2025; for the period 31 december 2014, the base date for the std was 32. 70 per cent, 27. 19 per cent, 8. 83 per cent, 18. 7 per cent, 23. 45 per cent for the period 2021-2025; and for the period 2021-2025, with annual increases of 31. 89 per cent, 25. 38 per cent, 24. 6 per cent, 14. 43 per cent and 28. 10 per cent respectively. Data are from wind and past indicators do not foreshadow the future, do not represent the fund's performance and do not constitute a guarantee of the fund's performance。
Description of fund costs:
1. The actual charges charged by the securities firm are based on the cost of trading in the premises of the hong kong s&t 30etf. Requisition fees: when the investor seeks a share of the fund, the foreclosure agent may charge a commission at a rate not exceeding 0. 5 per cent, which includes the relevant fees charged by the stock exchange, the registry, etc. Foreclosure: when the investor redeems its share of the fund, the foreclosure agent may charge a commission not exceeding 0. 5 per cent, including fees charged by the stock exchange, the registry, etc. The management rate is 0. 45 per cent per annum and the hosting rate is 0. 07 per cent per annum。
2 the rates for the initial connection to the technology technology etf in the bank's national certificate port unit are 0. 45 per cent per annum for the fund and 0. 07 per cent per annum for the trust fund. Requisition rates for the fund's a share: 1. 0 per cent when requisitioning m, m < 1 million dollars; 0. 8 per cent when requisitioning m < 3 million dollars; 0. 6 per cent when requisitioning m < 5 million dollars; $1,000 per pen when requisitioning m = 5 million; foreclosure rates for the fund's a and c shares are y for holding periods and 1. 5 per cent for y < 7 days; and 0 per cent for y = 7 days. The fund's share in category c is not charged a requisition fee, the share in category a is not charged a sales service fee, and the share in category c sales service rate is 0. 10 per cent per annum。
Risk tips: investors should be fully aware of the differences in the way in which the fund saves, such as regular quota investments and zero access. Fixed-term investment is a simple way of directing investors to long-term investments with average investment costs. However, fixed-term investment does not avoid the risks inherent in the fund's investment, does not guarantee returns to investors, and is not an equivalent alternative to savings. The fund's assets are managed and administered by the fund's managers in accordance with the principles of due diligence, honesty and diligence, but there is no guarantee that the fund will be profitable or that the minimum proceeds will be guaranteed. The past performance of the fund does not prejudge future performance, and the performance of other funds managed by the fund's managers does not constitute assurance of the fund's performance. The hong kong stock and technology 30etf bank is an equity fund with higher risks and benefits than mixed funds, bond-based funds and money market funds; the fund is an index fund that uses a fully replicated strategy to track index market performance and has risk-benefit characteristics similar to those of the index and the stock market represented by the index. The initial technology etf connection of the bank's national certificate ports unit is the main type of investment, with the open science and technology trading index investment fund of the bank's national certificate ports unit, targeting etfs as equity-based funds, so that the fund's average long-term risk and expected income levels are higher than those of hybrid funds, bond-type funds and money market funds; the fund is the etf link fund, which has a risk-benefit profile similar to that of the securities market represented by the index and index of the target etf by investing in index performance. The fund also has to bear exchange rate risk and specific risks arising from differences in the investment climate, investment target, market system and rules of trade under the port unit facility, if the fund invests in the investments of the investments. Investments in equity-type funds are at greater risk of fluctuations in returns. Investments in etfs would be exposed to specific risks such as price index fluctuations and the risk of the fund's portfolio return and index return deviations. The fund is at risk and investors ' investment funds should carefully read legal documents such as the fund contract, the recruitment statement, the summary of the fund's product information and updates, and should be prudent in their choice of investment types appropriate to their own risk tolerance based on a comprehensive understanding of the product, the tariff structure, the rates charged by the various distribution channels and the appropriateness of the advice of the marketing agency。
