
A sharp decline of 4%, Hwabao CSI HK Equities Internet ETF (513770) has reached a new low in the downward phase, MEITUAN-W fell over 6%, institutions: "the darkest hour" has passed

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As of May 28, 2026, Hwabao CSI HK Equities Internet ETF (513770) has fallen by 3.68%, with the latest price at 0.366 yuan. MEITUAN-W dropped over 6%, and JD Health and Bilibili-W also experienced declines. The valuation of the Hong Kong stock internet ETF is at a historical low, with the latest price-to-earnings ratio at 19.28 times, indicating a sluggish market state. Institutions believe that the "darkest moment" has passed
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