Invesco Great Wall CSI HK Equities Technology ETF

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Hang Seng Index futures closed up 0.16% overnight at 25964 points. Hang Seng TECH Index futures closed up 0.21% overnight at 4879 points

Wallstreetcn

Hang Seng TECH Index

ISHARESHSTECH

HSTECH ETF

Hang Seng Index

GX HS TECH

TRACKER FUND

China Southern Hang Seng ETF

CAM HS TECH

CSOP HS TECH

ISHARESHSI

CSOP HSI ETF

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FAST RETAIL-DRS(06288) rose 12.13%, with a trading turnover 2.0 Million HKD, and a year-to-date rose 32.5%. GIGADEVICE(03986) rose 12.06%, with a trading turnover 1.4 Billion HKD, and a year-to-date rose 142.1%. YOFC(06869) fell 7.49%, with a trading turnover 9.0 Billion HKD, and a year-to-date rose 330.2%. NIO-SW(09866) fell 5.96%, with a trading turnover 476.3 Million HKD, and a year-to-date rose 19%.

- The Hang Seng Index increased by 0.55%, with a year-to-date rise of 1%.  
- Xunqi (06288) surged by 12.13%, contributing to a total annual increase of 32.5%, while Zhaoyi Innovation (03986) rose by 12.06%, marking a substantial 142.1% gain this year.  
- Meanwhile, Changfei Optical Fiber (06869) fell by 7.49%, despite a strong annual rise of 330.2%, and NIO-SW (09866) decreased by 5.96%, with a year-to-date gain of 19%.

Top Gainers & Losers

FAST RETAIL-DRS

GIGADEVICE

CATL

CITIC SEC

XUNCE

YOFC

NIO-SW

CHALCO

EASTROC

COSCO SHIP ENGY

Top 5 HK Stock Gainers/Losers (>100B) (4.10)

36Kr learned that the Hang Seng TECH Index rose by 1%

36Kr

The Hang Seng TECH Index rose by 1%

.SPX

Israel agrees to engage in direct dialogue with Lebanon, boosting market expectations for a US-Iran ceasefire agreement. US stocks rose for the seventh consecutive trading day, with the S&P 500 Index setting a record for the longest consecutive gains. The FTSE Straits Times Index fell. Natural Coal Mining Group received approval from the Singapore Exchange to place new shares, raising approximately SGD 18.375 million; renewable energy infrastructure company Metis Energy has reported losses for three consecutive years

- Israel has agreed to direct talks with Lebanon, boosting market expectations for the U.S.-Iran ceasefire agreement and potential ending of the blockade in the Strait of Hormuz.  
- U.S. stock markets rose for the seventh consecutive day on April 9, with the S&P 500 reaching its longest streak since October, and the Nasdaq and Dow Jones indices also increasing.  
- Additionally, significant corporate announcements included Geo Energy's new share issuance and Metis Energy's ongoing pre-tax losses, reflecting varied market responses.

Zaobao

S&P 500

SPDR S&P 500

VG S&P 500

iShares Core S&P 500

FTSE Straits Times Index

Stocks to Watch on Friday | Lianhe Zaobao

Ceasefire talks between Israel and Lebanon are expected to boost hopes for a sustained ceasefire between the US and Iran. US stocks rose again, with the three major indices closing at their highest levels in over a month, and the S&P 500 and Nasdaq extending their gains for seven consecutive sessions. Storage chip stocks led the chip index up over 2%, outperforming the broader market for the seventh consecutive day, with SanDisk soaring over 9%. After its CEO's shareholder letter confirmed the company's potential in AI and provided a basis for AI investment, Amazon rose 5.6%, leading the tech giants. Conversely, software stocks plunged against the trend, with Microsoft being the sole decliner among the "Magnificent Seven" tech stocks. ServiceNow fell nearly 8%, and Palantir dropped over 7%

- Talks between Israel and Lebanon have raised hopes for maintaining a ceasefire, pushing US stock indices to new highs, with the S&P and Nasdaq rising for seven consecutive days.  
- The US Treasury bond yields dipped during trading, and the dollar index slid to a four-week low, while Bitcoin surged back over $72,000.  
- In commodity markets, crude oil prices rebounded, with WTI oil increasing by nearly 9% during the day, while gold and silver continued to rise.

Breakfast |

BABA

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Hong Kong stocks fell today, with the Hang Seng Index dropping 140 points to close at 25,752 points. Alibaba and Xiaomi saw their stock prices decline by 4.3% and 5.6%, respectively. The market is focused on the US-Iran ceasefire negotiations, which are affecting US stock performance. Northbound trading recorded a net inflow of CNY 12.593 billion, with total turnover decreasing to CNY 244.977 billion. KNOWLEDGE ATLAS's stock price rose by 7%, while Yangtze Optical Fibre and Cable increased by 6.9%

AASTOCKS

Alibaba

BABA-W

KNOWLEDGE ATLAS

XIAOMI-W

CHINAHONGQIAO

"Market Review" Hong Kong stocks retreat, Alibaba and Xiaomi under pressure, Hongqiao rebounds by 50%

The three major US stock indices rose more than 2%, with the S&P 500 rising for the sixth consecutive trading day, marking the longest streak since September last year, and more than 400 stocks advanced. The Nasdaq surged 2.8%. Meta once rose 9.5%, while Tesla fell about 1%. The Philadelphia Semiconductor Index rose more than 6.3%, hitting a new historical high. SanDisk soared nearly 10% to a new high. Intel surged over 11%

- The U.S. and Iran ceasefire boosted global markets, with U.S. indices experiencing their largest short squeeze since 2020 and European stocks achieving significant gains.  
- Major players like Meta and Intel saw substantial stock increases, while oil prices plummeted over 16%, marking the largest drop since the pandemic.  
- Despite initial optimism, concerns about the fragility of the ceasefire and potential inflation risks persist, as evidenced by the Federal Reserve's cautious stance on interest rates.

Breakfast | US Stock Indices Hit Largest Short Squeeze Since 2020, Fueled by US-Iran Ceasefire!

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The US and Iran agreed to a two-week ceasefire, easing investor tensions, which led to oil prices falling below $100, and the Asia-Pacific stock markets generally rose. The Hong Kong stock market rose 684 points to 25,801 points, with airline stocks performing strongly, as Cathay Pacific rose 3.2%. US stock futures rose across the board, while South Korean and Japanese stocks increased by 5.2% and 4.8%, respectively. Oil stocks fell against the trend, with CNOOC down 3.3%

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CATHAY PAC AIR

Iran Situation | US-Iran Ceasefire, Hong Kong stocks rise 684 points, airline stocks soar, Cathay Pacific up 3%

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The Hong Kong stock technology growth direction has the conditions for a left-side layout, and the Hong Kong stock technology ETF Invesco (513980) is expected to benefit. The CSI Hong Kong Connect Technology Index rose by 0.51%, with constituent stocks performing strongly, accumulating a return of 211.50%, and outperforming similar indices in the long term. The market adjustment has not shaken the main line of profit recovery, and with external liquidity improving, institutional investors may consider positioning. Risk warning: The market has risks, and investment should be cautious

腾讯新闻 - 财经

HFT CSI HK Equities Technology ETF

ChinaAMC CNI HK Connect Technology ETF

Guotai CSI HK Equities Technology ETF

The Hong Kong stock market's technology growth direction has the conditions for a left-side layout, and the Hong Kong stock technology ETF Invesco (513980) is expected to benefit

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As of March 26, 2026, the CSI Hong Kong Equities Technology Index has fallen by 2.16%. The performance of constituent stocks has been mixed, with KINGSOFT rising by 7.15%, while Kuaishou-W led the decline. The Hong Kong stock technology ETF Invesco (513980) is in a phase of adjustment, with the underlying index valuation at 23.15 times, below historical levels, providing a margin of safety. It is expected that after market sentiment stabilizes, the technology sector will benefit from the long-term logic of AI industrialization and the digital economy, ushering in a new round of prosperity cycle

KINGSOFT

KUAISHOU-W

The valuation and performance dual-driven logic of the Hong Kong stock technology sector is expected to strengthen, and the Hong Kong stock technology ETF Invesco (513980) is poised for adjustment

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KBAB

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This week, Hong Kong stocks enter the annual report disclosure window, with Tencent and Alibaba set to release their earnings on Wednesday and Thursday, respectively, accounting for nearly 20% of the Hong Kong Stock Exchange Technology Index. The market expects Tencent's fourth-quarter revenue to be between HKD 189 billion and HKD 195.5 billion, while Alibaba is receiving significant attention due to the release of its AI model. Despite market fluctuations, southbound funds have seen a net inflow of nearly HKD 200 billion since the beginning of 2026, with the technology sector becoming the main investment direction

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

KraneShares 2x Long BABA Daily ETF

Tianhong Hang Seng TECH ETF(QDII)

BABA 2x Long Daily ETF - GraniteShares

ChinaAMC Hang Seng Technology ETF(QDII)

Hwabao CSI HK Equities Internet ETF

E Fund CSI HK Connect Internet ETF

TENCENT

Tencent Holdings Limited

The performance disclosure window has arrived, and funds are flocking to Hong Kong stock technology through ETFs! The liquidity advantage of Hong Kong stock technology ETFs is highlighted by Invesco

Hong Kong stocks are expected to welcome opportunities for foreign capital inflow in 2026, with the technology ETF Invesco (513980) showing excellent liquidity, achieving an average daily trading volume of 961 million yuan. The net purchase of southbound funds reached a historical high in a single day, and institutional analysis suggests that the profit-driven growth of Hong Kong stocks will replace valuation recovery, with an expected EPS growth of over 40% in 2026. Against the backdrop of AI technological transformation, technology assets will benefit, and it is recommended to adopt a "barbell strategy" to allocate high dividends and leading internet companies. The timing of the Federal Reserve's interest rate cuts will affect the return of foreign capital

Hong Kong stocks are expected to welcome a period of foreign capital inflow in 2026. The liquidity performance of the Hong Kong stock technology ETF Invesco (513980) is outstanding, and the associated off-exchange connection fund (016496) has significant cost advantages

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As of March 13, 2026, the repurchase amount in the Hong Kong stock market has exceeded HKD 20 billion this year, with the technology ETF Invesco (513980) rising 0.31% against the trend. Despite market fluctuations, the enthusiasm for repurchases among listed companies is high, with Tencent Holdings and Xiaomi Group repurchasing over HKD 6 billion and HKD 4 billion, respectively. Analysts believe that the technology cycle led by AI will drive the reconstruction of technology valuations in the Hong Kong stock market, and southbound capital inflows are expected to continue

FI CSOP HSI

FI2 CSOP HSI

FL2 CSOP HSI

Tencent

Xiaomi Corporation

The total amount of repurchases in the Hong Kong stock market this year has exceeded HKD 20 billion, and the resilience of the Hong Kong stock technology ETF Invesco (513980) stands out against the market trend

The Hong Kong Stock Technology ETF Invesco (513980) is actively traded, with nearly HKD 500 million in transactions during the day. The CSI Hong Kong Equities Technology Index fell by 1.53%, with constituent stocks showing mixed performance. Huatai Securities believes that policy dividends and the AI industry transformation will drive the revaluation of the Hong Kong stock technology sector, which is currently at a historical low valuation, with continuous inflow of southbound funds, highlighting long-term allocation value. China International Capital Corporation (CICC) pointed out that the price-to-earnings ratio of the Hong Kong stock technology sector is below the average, making it attractive, and some investors may consider gradually implementing a dollar-cost averaging strategy

The Hong Kong stock technology ETF Invesco traded nearly HKD 500 million during the session with active trading, and institutions claim there are opportunities for gradual left-side investment in Hong Kong stock technology

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Recently, the open-source AI entity OpenClaw has sparked a wave in the global developer community, driving a rebound in the Hong Kong stock technology sector. Tech giants like Tencent and Alibaba Cloud quickly responded by launching related services to boost cloud business growth. Companies like MiniMax and KNOWLEDGE ATLAS saw significant stock price increases, marking the establishment of a complete AI Agent ecosystem in the Hong Kong stock technology sector. This wave not only enhances short-term market sentiment but may also lead to a reevaluation of the long-term value of Hong Kong tech stocks

MINIMAX-W

The lobster craze continues to ferment! The AI Agent wave reshapes the valuation logic of Hong Kong stock technology, highlighting the allocation value of the Hong Kong stock technology ETF Invesco (513980)

Invesco Great Wall CSI HK Equities Technology ETF(513980.SH)

Invesco Great Wall CSI HK Equities Technology ETF Stock Performance Chart

Hang Seng Index futures closed up 0.16% overnight at 25964 points. Hang Seng TECH Index futures closed up 0.21% overnight at 4879 points

Top 5 HK Stock Gainers/Losers (>100B) (4.10)

The Hang Seng TECH Index rose by 1%

Stocks to Watch on Friday | Lianhe Zaobao

Breakfast |