China Southern Hang Seng TECH ETF(QDII)

SMIC States Significant Production Demand for Phones and PCs Will Return

BYD launches new intelligent in-car radio with off-grid communication support

Alibaba's Qwen Large Model to Receive a Major Upgrade

Xiaomi Officially Kicks Off its 2026 '618' Shopping Festival Promotion

JD.com Q1 Earnings: Revenue Up 4.9%, Net Profit Down 53% as New Business Segment Suffers Massive Losses

BYD's Fang Cheng Bao 'Leopard' Smart Charging Pile Relaunched

Xiaomi to Launch 17T Series Smartphones for Overseas Markets on May 28

Xiaomi EV Reportedly Taps New Battery Suppliers for Second Brand to Optimize Supply Chain

Kuaishou Increases Investment in Short Drama Incubation: 800 Million in Funds, 200 Million in Cash, and 1 Billion in Dedicated Traffic

Baidu Qianfan Launches Token Welfare Package: Multi-Model Support with Prices Up to 50% Off

Media focuses on controversy surrounding Meituan due to platform management issues

UOB Kay Hian Report Says Baidu Q1 Earnings Beat Expectations, Maintains Buy Rating with HKD 178 Target

Tencent Open Sources AgentDB to Solve AI Agent Memory Issues, Long-term Memory Accuracy Significantly Improved

Kuaishou Releases Short Drama Data: Daily Exposure Hits 129 Million, Supply Up 8x Year-on-Year

BYD, Mercedes, and Red Bull Consortium Bid for Alpine Team Shares and Engine Plant

SPDB Reiterates 'Buy' Rating on Alibaba (9988.HK)

Pop Star Wang Leehom Confirms Entire Denza Endorsement Fee Was Used to Purchase BYD Stock

Goldman Sachs Reaffirms Buy Rating on Tencent with HKD 700 Target Price

Tencent WeChat AI Team Wins ICASSP Best Industrial Paper Award, First for Chinese Enterprise

Alibaba Releases Qwen3.7 Max/Plus Previews, Ranked No.1 in China on Arena

03032

520570

513180

02800

Hong Kong reported its widest trade deficit in 74 years, reaching HK$89.1 billion due to a 41% surge in imports, the highest increase in over three decades. This spike is attributed to the Middle East conflict and a global AI investment boom driving demand for tech products. Imports from China rose significantly, with electrical machinery and petroleum products seeing substantial increases. Economists warn that ongoing tensions and rising energy costs could pose risks to the global economic outlook and trade flows.

- Hong Kong's trade deficit has reached its highest level in at least 74 years, driven by a surge in imports, possibly due to disruptions from the Middle East conflict and increased demand for technology products amid a global AI investment boom.  
- March data revealed a 41% year-on-year increase in imports to HKD 707.5 billion and a nearly 36% rise in exports to HKD 618.4 billion, with significant contributions from AI-related goods and a strong recovery in trade with mainland China.  
- Experts note that rising commodity and chip prices, coupled with stockpiling in response to geopolitical tensions, are key factors behind the sharp expansion of Hong Kong's trade.

Businesstimes News

HSTECH ETF

ChinaAMC Hang Seng Technology ETF(QDII)

TRACKER FUND

DAH SING

S&P Global

Hong Kong has widest trade deficit since 1952

STECH

00HSI

07500

03067

513130

520920

159742

03033

03088

159740

The Hang Seng Index main overnight session closed up 0.03% at 26,169 points. The Hang Seng TECH Index main overnight session closed up 0.24% at 4,974 points

Wallstreetcn

Hang Seng TECH Index

Hang Seng Index

FI2 CSOP HSI

ISHARESHSI-R

ISHARESHSTECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

China Southern Hang Seng ETF

CSOP HSI ETF

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng TECH ETF I

GX HS TECH

CSOP HS TECH

CAM HS TECH

ISHARESHSI-U

Dacheng Hang Seng Technology ETF(QDII)

FI CSOP HSI

ISHARESHSI

Can China tech catch up... or stay left behind?China tech has been left behind. While global tech keeps melting higher, HSTECH is still stuck in a downtrend, failing right where it should break. The divergence vs the rest of the world is getting hard to ignore… and setups like this don’t tend to last.Still stuck

ZeroHedge

China Tech Left Behind… But For How Long?

513010

The Hang Seng TECH Index extended its intraday decline to 1%

E Fund Hang Seng Technology ETF(QDII)

China Universal Hang Seng Technology ETF(QDII)

CAM HS TECH-R

SOXX

The Hang Seng Index opened up 2.61%, and the Hang Seng Tech Index rose 2.95%. HUA HONG SEMI increased by over 8%, SMIC rose by over 7%, and Bilibili and JD Health both rose by over 5%. The market carries risks, and investment should be approached with caution. This article does not constitute personal investment advice, and users should assess investment risks independently

华尔街见闻资讯

iShares Semiconductor ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

XI2CSOPHSTECH

Hwabao WP CSI HK Connect Information Technology Composite ETF

VanEck Semiconductor ETF

HUA HONG SEMI

SPDR S&P Semicon

ICBCCS CNI HK Connect Technology ETF

First Trust Nasdaq Food & Semicon

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

Guotai CSI All Share Integrated Circuit ETF

SMIC

Bilibili

BILIBILI-W

The Hang Seng Index opened up 2.61%, and the Hang Seng Tech Index rose 2.95%

Hang Seng TECH Index turned lower during intraday trading, after gaining 1% earlier

600489

Zhang Yidong stated that the most severe phase of global market shocks has passed, and future investment opportunities should focus on gold and Hang Seng technology stocks. He pointed out that geopolitical conflicts have shifted market pricing logic towards safety pricing, believing that a true ceasefire in the Middle East has not yet arrived. Zhang Yidong emphasized that priority should be given to investing in gold at present and is optimistic about China's hard-core assets, expecting that the risk premium in the U.S. capital markets will reverse in the next one to two years

Kinross Gold

ZHONGJIN GOLD

Gold.com

Agnico Eagle Mines

SD-GOLD

Newmont

YieldMax Gold Miners Opt Inc Strgy ETF

Abrdn Gold ETF Trust

Direxion Daily Gold Miners Bull 2X

Microsectors Gold Miners 3x Leveraged ETN

EFUND GOLD MI-U

EFUND GOLD MI ETF

SPDR S&P Mtls & Mng

iShares Gold Trust

VanEck Junior Gold Miners ETF

Us Gbl GLD & Met

Global X Silver Miner

ChinaAMC Gold ETF

EFUND GOLD MI-R

Roundhill Gold Miners Weeklypay ETF

VanEck Gold Miners ETF

Direxion Daily Jr Gold Miners Bull 2X

SPDR Gold Minishares

GLOBAL X Gold Explorers

iShares MSCI Global Gold Miners

CMS HS TECH

Pro Ultr GLD

SPDR Gold Shares

Sprott GLD Miners Etf

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Zhang Yidong: The most severe phase of the global market shock has passed; now is the time to position on the left side for gold and Hang Seng technology stocks

The Hong Kong stock market has recently come under pressure, with major indices continuing to decline, and the Hang Seng Index and Hang Seng TECH Index hitting new lows for the year. As the market adjusts, valuation pressures in sectors such as technology, pharmaceuticals, and consumer goods are being released, and the allocation value is gradually becoming apparent. The Hang Seng series ETFs from Huatai-PB have attracted attention, with significant signs of capital inflow, especially in the Hang Seng TECH ETF and Hang Seng Consumer ETF, which have seen notable increases in shares, indicating a positive attitude from investors towards core assets in the Hong Kong stock market

腾讯新闻 - 财经

The continuous pullback of Hong Kong stocks attracts capital inflow, and the Huatai-PB Hang Seng series ETFs assist in seizing recovery opportunities

01810

XIACY

BABA

The Hang Seng Index continued to decline today, closing down 223 points at 25,277 points, while the National Index and the Hang Seng Tech Index fell by 121 points and 123 points, respectively. Alibaba and Xiaomi's stock prices were under pressure, with Alibaba's stock price dropping 6.3% to HKD 123.7, due to its third fiscal quarter results falling far short of expectations. Southbound funds had a net outflow of HKD 21 billion today, marking the second highest in history. U.S. stocks and oil prices also experienced fluctuations, with overall market sentiment being low

AASTOCKS

XIAOMI-W

Xiaomi Corporation

Alibaba

BABA-W

BABA 2x Long Daily ETF - GraniteShares

Penghua Hang Seng TECH ETF(QDII)

KraneShares 2x Long BABA Daily ETF

The Market Review: The Hang Seng Index continues to decline, with northbound capital flowing out 21 billion; Alibaba and Xiaomi face selling pressure

China Southern Hang Seng TECH ETF(QDII)(520570.SH)

Hong Kong has widest trade deficit since 1952

The Hang Seng Index main overnight session closed up 0.03% at 26,169 points. The Hang Seng TECH Index main overnight session closed up 0.24% at 4,974 points

China Tech Left Behind… But For How Long?

The Hang Seng TECH Index extended its intraday decline to 1%

The Hang Seng Index opened up 2.61%, and the Hang Seng Tech Index rose 2.95%