2026 Start of the Year Hong Kong Stock Technology Welcomes New Opportunities, Harvest Fund Hang Seng Hong Kong Stock Connect China Technology ETF Link C(025167) Focus on Hong Kong Stock M7 Core Assets

Since the beginning of 2026, southbound funds have continued to increase their investments in the Hong Kong stock technology sector. As of February 13, the total net purchase amount reached 136.151 billion yuan, roughly the same as the same period last year, with multiple days of net purchases exceeding 10 billion yuan, including a single-day net purchase of 22.206 billion yuan on February 5, setting a new high for the year.

As of February 13, 2026, the Huatai Hong Kong Stock Connect Technology ETF has experienced net capital inflows on 13 of the past 20 trading days, totaling 869 million yuan, with an average daily net inflow of 43.4631 million yuan.

In terms of news, during the 2026 Spring Festival, China’s AI industry saw a flurry of flagship model releases. According to Morgan Stanley research reports, Bytedance, Alibaba, Zhipu, and DeepSeek gathered for the “Spring Festival Blockbuster.” DeepSeek V4 is expected to be released in mid-February, focusing on improving programming capabilities. Internal preliminary testing indicates that V4 surpasses other top models on the market, such as Anthropic’s Claude and OpenAI’s GPT series, in programming ability. This Spring Festival showdown is not only a performance comparison of models but also a litmus test for consumer-grade AI “blockbusters.”

CICC emphasizes that “structural choices come before the market.” External liquidity disturbances are not sustainable, the Federal Reserve’s rate cut trend remains unchanged, and the medium-term trend of a weak dollar will continue. The liquidity environment for Hong Kong stocks’ technology sector will remain relaxed. If leading tech companies can optimize their AI capital expenditure pace and align with their development capabilities, the space and certainty for sector recovery will further increase. Focus should be on AI commercialization leading and performance improvement targets.

As of February 13, 2026, Huatai Hong Kong Stock Connect China Technology ETF (025167) has achieved a maximum monthly return of 13.97% since inception, with the longest consecutive gain of 13.97%, and an average monthly return of 9.41%.

As of February 13, 2026, Huatai Hong Kong Stock Connect China Technology ETF (025167) experienced a maximum drawdown of 10.15% this year, compared to a benchmark drawdown of 0.14%.

Huatai Hong Kong Stock Connect China Technology ETF is a stock fund under Huatai Fund, established on August 27, 2025. It invests in the Hong Kong Stock Connect Technology ETF Huatai (520980), closely tracking the target index, aiming to minimize tracking deviation and tracking error. The current fund manager is Le Wuqiong, with 11.6 years of securities industry experience.

Huatai Hong Kong Stock Technology Allocation Toolbox:

【Hong Kong Stock Technology Broad Market - Classic Vehicle】Huatai Hang Seng Technology ETF Link (QDII) C (013128): One-click deployment of internet platform leaders, serving as a flagship broad market for the sector with high industry representativeness. Aims to balance allocation of core Hong Kong stock technology assets and capture the medium- to long-term growth momentum of China’s new economy.

【AI Full Industry Chain - High Purity】Huatai Hang Seng Hong Kong Stock Connect China Technology ETF Link (025167): Focuses on core assets of the “Hong Kong Stock M7,” with deep coverage of AI computing power, terminals, and application industry chains. Pure style positioning, excluding interference from non-tech sectors such as pharmaceuticals and traditional automobile manufacturing, making it a precise tool for capturing AI core value.

【Selected Core Assets - Active Strategy】Huatai Hong Kong Stock Connect Technology Select Hybrid Initiating (025545): Within the Hong Kong Stock Connect scope, actively managed to dynamically select targets with strong competitive barriers and core advantages. Combining industry trend analysis, aims to discover high-potential assets through professional stock selection and achieve excess returns over the index.