Hang Seng Tech ETF (513260) surged over 2%, aiming for three consecutive gains, with a net inflow of 455 million in the past month.

Expectations for a de-escalation in the Middle East are heating up, with the U.S. stating that the Iran war is "very close to ending," and the market is responding positively. Overnight, U.S. stocks generally rose, with the Nasdaq Composite Index rising for 11 consecutive sessions and hitting a record closing high, while the S&P 500 Index closed above the 7,000-point milestone for the first time in history. Most popular Chinese ADRs advanced, with the Nasdaq Golden Dragon China Index closing up 0.75%, marking its fourth consecutive gain.

On April 16, Hong Kong stocks opened higher, with technology, internet, and AI application concepts leading the gains. As of 11:19, the ChinaAMC Hang Seng Tech ETF (513260) rose 2.49%, aiming for its third consecutive gain. Among its constituent stocks, Meituan-W rose 2.38%, SMIC fell 0.08%, Tencent Holdings rose 2.4%, Xiaomi Group-W rose 1.75%, NetEase-S rose 4.33%, BYD Company rose 4.19%, Alibaba-W rose 4.2%, JD.com-SW rose 2.15%, Kuaishou-W rose 1.93%, and Baidu-SW rose 6.99%.

Since the beginning of 2026, global computing power demand has grown rapidly, and a wave of computing power price hikes has arrived. Recently, Alibaba Cloud issued a notice for price increases on some model unit services of its large model service platform "Bailian," with adjustments ranging from 2% to 5%. Since the start of this year, several domestic cloud providers have raised their service prices. Tencent Cloud announced on April 9 that it will adjust the list prices of products like AI computing power starting May 9. Baidu Intelligent Cloud also announced on March 18 that it will raise prices for AI computing power-related product services by 5% to 30% starting April 18.

An open-source securities research report points out that the evolution of AI applications from Chat to Agent is expected to drive the deepening of reasoning and the lengthening of invocation chains, leading to an order-of-magnitude leap in underlying token consumption. With the continuous improvement of open-source model capabilities, AI cloud demand is expected to be continuously validated, and AI applications are expected to drive sustained growth in inference demand. The predictability of AI demand is increasing, and this demand is expected to help the cloud computing industry break free from low-price internal competition and enter a new stage centered on AI computing power premium, with opportunities also emerging on the software side.

The ChinaAMC Hang Seng Tech ETF (513260) continues to see inflows. As of the previous trading day, the fund recorded a net inflow of 455 million yuan in the past month, 1.143 billion yuan in the past three months, 1.984 billion yuan in the past six months, and 4.222 billion yuan in the past year.

From a valuation perspective, the Hang Seng Tech Index tracked by the ChinaAMC Hang Seng Tech ETF (513260) has a latest P/E ratio of only 22.54 times, at the 28.49th percentile since the index's inception, meaning its valuation is lower than 71.51% of the historical range. The ChinaAMC Hang Seng Tech ETF (513260) supports T+0 trading.

Optimistic about the disruptive investment opportunities in the AI industry chain, identify the ChinaAMC Hang Seng Tech ETF (513260), which has the lowest fee tier in the entire market. As a representative core flagship index for Hong Kong stocks, the Hang Seng Tech Index covers both hardware and software, comprehensively covering various technology sub-sectors (chip electronics, manufacturing hard tech, etc.), and provides more comprehensive coverage of China's technology industry chain. The management fee for the ChinaAMC Hang Seng Tech ETF (513260) is only 0.15% per year, significantly lower than other similar ETFs, and it is also the only Hang Seng Tech ETF in the entire market with a management fee of only 15 bps! The ChinaAMC Hang Seng Tech ETF (513260) also has an off-exchange feeder fund (Class A: 013127; Class C: 013128) for convenient 7*24 subscription and redemption.

Data shows that as the authoritative flagship index for Hong Kong stocks, the Hang Seng Tech Index includes secondary-listed Hong Kong internet and technology leaders with the suffix "-S," such as JD.com-SW, Baidu-SW, NetEase-S, and Trip.com Group-S, providing more comprehensive coverage and better representing China's top-tier technology assets!