On May 26, the Hong Kong stock market showed a mixed pattern in the morning session. The Hang Seng Index opened up 0.06% but quickly weakened, while Hangke rose against the trend, surging 1.90% at the opening. Although the gains narrowed later, it still maintained growth. The Hang Seng Technology ETF ChinaAMC (513180), which closely tracks the Hangke Index, also rose, currently up nearly 1.5%. Among the holdings, Lenovo Group led with over 14% increase, Hua Hong Semiconductor followed with nearly 12%, and SMIC rose nearly 10%.
On the news front, the explosion in the chip sector today was mainly catalyzed by significant positive developments at the industrial level. Huawei officially released the &#34;Tao (τ) Law&#34; on May 25, establishing a multi-level collaborative optimization system from devices to systems. It is expected that by 2031, the transistor density of high-end chips based on this law will reach the equivalent level of 1.4nm process. Meanwhile, the National Development and Reform Commission recently clarified guidance for domestic large models to increase efforts to adapt to domestic computing power chips, elevating the collaboration between &#34;domestic large models&#34; and &#34;domestic computing power chips&#34; to a clear policy guidance level, bringing clear development opportunities to the domestic semiconductor industry chain.
Industrial Securities pointed out that China's progress in the chip field is an inevitable result of the resonance between national strategy, industrial trends, and corporate missions. China Galaxy Securities noted that the Hang Seng Technology Index is currently in a historically low valuation state, with limited room for further significant declines, providing a high safety margin.
The Hang Seng Technology ETF ChinaAMC (513180) closely tracks the Hang Seng Technology Index, covering 30 outstanding technology companies listed in Hong Kong, including Alibaba, Tencent Holdings, SMIC, Meituan, and Xiaomi Group. Against the backdrop of breakthroughs in domestic semiconductor technology and clear policy support, this ETF provides investors with an efficient tool to layout core technology assets in Hong Kong stocks and grasp the main line of investment in AI computing power and semiconductor independence

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513180

Hong Kong stock chip stocks continue to strengthen, with the Hang Seng Technology ETF ChinaAMC (513180) currently up nearly 1.5%. Influenced by Huawei's release of the "Tao Law" and national policy support, the chip sector has exploded. Lenovo Group is up over 14%, Hua Hong Semiconductor is nearly 12%, and SMIC is nearly 10%. Industrial Securities and China Galaxy Securities both stated that the current valuation of the Hang Seng Technology Index is low, providing a high margin of safety, and the ETF offers investors a convenient tool for allocating technology assets

同壁财经

LENOVO GROUP

HUA HONG SEMI

Hua Hong

ChinaAMC Hang Seng Technology ETF(QDII)

Hang Seng Index

Hang Seng TECH Index

Lenovo Group

SMIC

INDUSTRIAL SECURITIES

BABA-W

Alibaba

TENCENT

MEITUAN

XIAOMI-W

LENOVO GROUP-R

SMIC HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Hong Kong stock chip stocks continue to strengthen, Hang Seng Technology ETF ChinaAMC (513180) is currently up nearly 1.5%