The Hang Seng Technology Index ETF (159742) rose over 1%, and the Hong Kong stock technology sector went up

In the afternoon, the Hang Seng Technology Index (HSTECH) rose more than 1%, the Hong Kong stock technology sector continued to rise, Alibaba-SW, Kuaishou-W leading increased by more than 5%, JD.com's health rose more than 2%, Ruisheng Technology, Baidu Group-W, Jingdong The Group-SW and Zhongan Online followed up. The Hang Seng Technology Index ETF (159742) tracked the index rose 1.2%in the market, with a turnover of over 40 million.

On the news, recently, Alibaba issued an announcement saying that the board of directors has authorized the group to submit an application to the Hong Kong Stock Exchange and will add Hong Kong to the double major listing place. After the Hong Kong Stock Exchange completed the audit process, Ali will be listed on the main board of the Hong Kong Stock Exchange and the New York Stock Exchange. Alibaba Hong Kong stocks are expected to meet the qualifications of the Hong Kong Stock Connect and are expected to be included in the list of Hong Kong stocks.

Cinda Securities stated that at the valuation level, the Hang Seng Technology Index is still at the bottom part of the overall PS valuation in the past two years (there are many non -profit companies in China, and the overall market sales ratio is more significant), the overall The cost -effective is still higher. In summary, the performance and valuation repair process of China Stock Platform Economic Corporation has still been confident, and continue to maintain positive recommendations for the Internet industry.

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