- On June 1, Hong Kong's hard technology sector continued its strong performance, with the information technology ETF rising 2.15% by 10:10 AM.
- Major companies like Lenovo and SMIC saw significant gains, and Lenovo announced an AI infrastructure agreement, boosting its revenue prospects.
- Analysts highlight the ETF’s potential for continued growth, emphasizing its focus on leading hard tech companies without internet stocks, earning it the nickname "Hong Kong’s Sci-tech Board."
- On June 1, the Hang Seng Technology Index saw early gains, with major stocks like Alibaba, Xiaomi, and Meituan rising over 1%.
- The article highlights the resilience of domestic internet companies in the AI era, predicting ongoing optimization in index constituents as more AI-related firms enter the Hong Kong market.
- A recovery in domestic consumption could create a favorable environment for Hong Kong's internet firms, with a focus on the Hang Seng Internet ETF, which tracks the highest AI content index in the market.