Understanding the Market | Sci-Tech Stocks Open Low and Continue to Rise, Driving the Hang Seng TECH Index Up Over 4% Again "China Dragon" ETF Debuts on US Stock Market on Thursday

Tech stocks opened lower this morning but continued to rise, with the Hang Seng TECH Index up over 4%. Tech stocks such as Meituan, Alibaba, Tencent, and Baidu all saw significant gains. At the same time, the new ETF DRAG "China Dragon" debuted on the US stock market, with components including Tencent, Pinduoduo, and nine other large tech companies, showcasing competitive advantages. Huatai Securities pointed out that the internet sector's performance continues to demonstrate resilience, stable policies will help companies improve operational efficiency, share buybacks and dividends will increase shareholder returns, and there is active deployment in the generative AI field