Alibaba is selling again on a trillion-dollar track! Hong Kong stock Internet ETF (513770) went up at a premium of 3%, raving in 20 days to grab 2.7 billion yuan

On the afternoon of the 17th, the AI giant's gains expanded. The Hong Kong stock Internet ETF (513770), the core AI tool of Hong Kong stocks, went up at a premium. On-site prices are now up by more than 3%, and the daily line has risen for nine consecutive years, continuing to hit a record high! The real-time premium rate exceeds 0.2%, and high popularity continues.
The market value of Alibaba-W has returned to HK$3 trillion. It once surged 5.7% in intraday trading, but is now up nearly 5%. Meituan-W has risen more than 4%, Kuai-W has risen more than 3%, Beili-W, Tencent Holdings has risen more than 2%, and Xiaomi Group-W has risen more than 1%.
On the news front, Alibaba made another move. Hello announced that its Robotaxi (driverless taxi) business had received strategic investment from Alibaba. Hello said that the company and Alibaba Group will deepen comprehensive cooperation in the fields of smart driving models, computing power platforms and Robotaxi based on previous cooperation, and jointly accelerate the commercialization and scale of the Robotaxi industry.
Tesla CEO Musk previously predicted that the Robotaxi track was a "trillion-dollar opportunity." Domestic self-driving listed companies are passing the first half of the Robotaxi track, which is the technical verification and commercial pilot operation stage.
In terms of external news, in the early morning of September 18, the market will usher in the results of the Federal Reserve's September interest rate meeting. CME Group data shows that the probability of a 25 basis point interest rate cut at this meeting is 96.1%, and the probability of a 50 basis point interest rate cut is 3.9%.
Orient FortuneSecurities said that five rounds of Federal Reserve interest rate cuts have been resumed since 2000. During the preventive interest rate cut period, the growth sector with expanding low interest rate valuations and other interest-rate sensitive industries have benefited significantly, and Hong Kong stocks have become more flexible. Among them, the Hong Kong stock Internet, which is gradually withdrawing from the "takeout war" to the AI narrative, may continue to benefit.
Data from the Shanghai Stock Exchange shows that the Hong Kong stock Internet ETF (513770) has continued to attract gold recently, and has received a cumulative net inflow of 2.766 billion yuan in funds in the past 20 days.
The China Securities Hong Kong Stock Connect Internet Index tracked by the Hong Kong Stock Exchange Internet ETF (513770) and its connected funds (Class A 017125; Class C 017126) has a strong position in Hong Kong stock technology and Internet leaders. As of the latest, Tencent Holdings, Alibaba-W, and Xiaomi Group-W are the top three heavyweights respectively, accounting for 15.61%, 13.37%, and 12.53%, respectively. The top ten holding stocks together account for nearly 70%, leading the market. It has significant advantages and is the core target of Hong Kong stocks AI.
Since the beginning of this year, the core AI tool of Hong Kong stocks-the benchmark index of Hong Kong stocks-the China Securities Hong Kong Stock Connect Internet Index has performed significantly better than the Hang Seng Technology Index. As of last Friday, the cumulative increase and the largest increase in the range exceeded the Hang Seng Technology Index by more than 15 percentage points, leading the rise flexibility is outstanding, or deserves special attention.
During the same period, the P/E ratio of the underlying index of Hong Kong stocks Internet ETF (513770) was 25.25 times, which was at the historical low level of 27.05% in the past 10 years. It is not only significantly better than U.S. stocks and A-share technology, but also higher than the historical P/E ratio of Hang Seng Technology (32.46%) for the same period.
The latest scale of the Hong Kong stock Internet ETF (513770) has exceeded 11 billion yuan, a record high; the average daily turnover during the year was nearly 600 million yuan. It supports intraday T+0 trading, is not subject to QDII quota restrictions, and has good liquidity! Reminder: Market fluctuations may be large in the near future, and short-term increases and decreases do not predict future performance. Investors must invest rationally based on their own capital status and risk tolerance, and pay close attention to position and risk management.
Data source: Shanghai and Shenzhen Stock Exchanges, etc. The rise and fall of the China Securities and Hong Kong Stock Connect Internet Index in the past five full years are: 2020, 109.31%;2021,-36.61%; 2022,-23.01%; 2023,-24.74%; 2024, 23.04%。The composition of the index's constituent stocks is adjusted in a timely manner in accordance with the index compilation rules, and their historical performance backtested does not predict the future performance of the index.
Risk warning: The Hong Kong Stock Internet ETF passively tracks the China Securities Hong Kong Stock Connect Internet Index. The base date of the index is 2016.12.30 and released on 2021.1.11. The composition of the index's constituent stocks is adjusted in a timely manner according to the index compilation rules. The constituent stocks of the index in this article are for display only. The descriptions of individual stocks are not used as any form of investment advice, nor do they represent the position information and trading trends of any funds under the manager. The risk level of the fund assessed by the fund manager is R4-medium and high risk, suitable for investors with active type (C4) and above. Any information appearing in this document (including but not limited to individual stocks, reviews, forecasts, charts, indicators, theories, any form of expression, etc.) is for reference only, and investors are responsible for any independent investment behavior. In addition, any opinions, analysis and predictions contained in this article do not constitute any form of investment advice to readers, nor do they assume any responsibility for direct or indirect losses caused by the use of the content of this article. The performance of other funds managed by the fund manager does not constitute a guarantee for the fund's performance. The fund's past performance does not represent its future performance. Fund investment is risky and fund investment must be cautious.