The E Fund Hong Kong Stock Exchange Technology 100 Index ETF (3456) was listed today. E Fund Asset Management's Chief Marketing Officer, Shi Feng, stated that this index is a broad-based index designed to capture long-term technology trends, and there may be opportunities to launch narrower technology index ETFs in the future due to outstanding technology sectors. He believes that although the current market is affected by uncertainties such as the Middle East war, "the story of technology is not short-term." From a long-term holding perspective, technology is a theme that everyone must pay attention to, and investing in artificial intelligence (AI), semiconductors, etc., is a consensus among investors and requires long-term layout.

He pointed out that many mainland technology stocks are listed in Hong Kong today, and he believes that Hong Kong will definitely become a hub for the listing of China's AI industry, representing a future listing location for Chinese technology. The growth potential of newly established technology companies is even greater. Additionally, the company launched a gold stock ETF in the first half of this year and will continue to focus on gold assets in the future, based on the Hong Kong government's intention to turn Hong Kong into a gold trading center, thus conducting corresponding research. He also mentioned that in the long term, gold is an essential asset allocation for both institutional and retail investors.

WENGE AI Soars 84%

As for WENGE AI (1956), which was listed on the same day, it closed at HKD 111.7, an increase of 84% from the listing price of HKD 60.7, with a profit of HKD 10,200 for a board lot of 200 shares. The company's chairman, Wang Lei, stated that AI development is currently a hot topic globally, and he believes that listing in Hong Kong provides a great channel to access the international capital market. In the future, more Chinese technology companies will come to Hong Kong to go public. He continued to say that the company has achieved good results in enterprise-level AI over the past nine years in China, and the company has "landed" in Cyberport, having developed a series of AI platforms and products for some financial institutions and public service companies, exporting the company's technology globally through Hong Kong. All of the company's cornerstone investors are Chinese enterprises, and he mentioned that the anchor investors for this listing include outstanding overseas companies, making this issuance very market-oriented and internationalized.

LY iTECH Falls Slightly by 4.6%

LY iTECH (1688) debuted at HKD 9.71, down 4.6% from the listing price of HKD 10.18, with a board lot of 660 shares costing HKD 310.2. The company's chairman, Zeng Fangqin, stated that Hong Kong has good international investors and various experts with professional debt management, so they hope to leverage the Hong Kong market to make "LY iTECH beneficial for everyone." The company is actively laying out its robotics business, including components, testing, and after-sales services, while collaborating with globally renowned brands for joint design and OEM. Currently, the company has three complete machine assembly production lines in China and a research and development center to lay a solid foundation for the future development of robotics. She believes that the robotics market is developing healthily because if robots are to be used in medical, educational, production, and all repetitive tasks in the future, the prices of robots need to be reduced to a level that the public can afford to open up this market. She mentioned that besides the mainland, the company has many orders from North America, and the company has factories in different places such as the United States and Brazil, thus being able to utilize local supply chains and capabilities to effectively cope with international trade crises