---
title: "Multiple heavily invested Hong Kong stock funds have a floating profit of over 20% this year, highlighting the value of technology stock allocation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/216487974.md"
description: "Multiple heavily invested Hong Kong stock funds have realized a floating profit of over 20% this year, highlighting the value of technology stock allocation. Investors' enthusiasm for Chinese assets has increased, leading to a significant rise in attention to the Hong Kong stock market, with all three major indices closing in the green. Since the beginning of the year, the overall performance of Hong Kong stocks has been strong, with good fund performance. Industry insiders believe that the combination of multiple positive factors has improved market expectations, with prominent allocation value in the technology and non-bank financial sectors"
datetime: "2024-10-10T18:26:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/216487974.md)
  - [en](https://longbridge.com/en/news/216487974.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/216487974.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216487974.md) | [繁體中文](https://longbridge.com/zh-HK/news/216487974.md)


# Multiple heavily invested Hong Kong stock funds have a floating profit of over 20% this year, highlighting the value of technology stock allocation

Recently, investors' enthusiasm for long positions in Chinese assets has further increased, with a significant rise in attention to the Hong Kong stock market. As of the close on October 10th, all three major Hong Kong stock indices closed higher. Year-to-date, the overall performance of the Hong Kong stock market has been strong, driving good performance for funds investing in Hong Kong stocks. According to industry insiders interviewed, with multiple positive factors at play, the outlook for the Hong Kong stock market is optimistic. The value of allocating to technology stocks and non-banking financial sectors listed in Hong Kong is becoming more prominent. (Securities Daily)

## Related News & Research

- [Here's How Much $100 Invested In abrdn Physical Silver Shares ETF 10 Years Ago Would Be Worth Today](https://longbridge.com/en/news/281394387.md)
- [BREAKINGVIEWS-SpaceX IPO will gauge market moxie more than depth](https://longbridge.com/en/news/281406751.md)
- [Palantir vs. Oracle: 1 AI Stock Looks Cheap](https://longbridge.com/en/news/281400403.md)
- [BUZZ-Rosenblatt says finding partner for Snap's smart glasses unit tough](https://longbridge.com/en/news/281357569.md)
- [BUZZ-Street View: Nike's turnaround remains work in progress](https://longbridge.com/en/news/281331333.md)