In 2024, leading Hong Kong-listed tech companies reached an inflection point in their performance. Normalized regulation, the resumption of game license approvals, the start of Fed rate cuts, cost reductions, efficiency improvements, and the exploration of new growth drivers have led to a recovery in revenue growth for the Hong Kong tech sector, stabilizing at around 15%. Profit growth has turned positive, frequently exceeding expectations, and the rebound in fundamentals, coupled with improved market sentiment, has driven a new wave of growth in Hong Kong tech stocks.

Leading tech companies possess deep moats and competitive advantages. Giants like Tencent, Alibaba, and Meituan leverage long-term ecosystem development to achieve deep synergy across content, platforms, payments, logistics, hardware, and backend manufacturing, creating significant barriers to competition. Meanwhile, companies like Xiaomi, Baidu, and JD.com continue to invest in AI, big data, and cloud infrastructure, jointly advancing technological and product innovations (e.g., autonomous driving, IoT, content recommendation, etc.). These companies' business models feature high cash flow conversion rates and advantages tied to product lifecycles, enabling sustained profit growth.

The Hong Kong Stock Connect Tech ETF (Subscription Code: 159101) closely tracks the CSI Hong Kong Stock Connect Tech Index, covering leading tech companies such as Xiaomi Group, Tencent Holdings, Alibaba, Meituan, BYD, SMIC, and BeiGene. The top five constituents account for 57% of the index weight, while the top ten make up 77%, offering high concentration and broad coverage. It provides one-stop exposure to "software + hardware + new consumption + innovative drugs + new energy vehicle makers," making it an excellent tool for investors to gain one-click access to China's leading tech companies.