As of 10:16 on April 24, 2024, the CSI Hong Kong Stock Connect Internet Index (931637) had risen by 2.78%, the constituent stock Shangtang W had risen by 32.79%, Weimeng Group had risen by 13.22%, and Innovation Qizhi had risen by 7.67%, China Software Internationally, stocks such as Fubo Group (03738) followed suit. Hong Kong stock Internet ETF (159568) rose 3.17%, hitting three consecutive gains. The latest price is 1.1 yuan, and the intraday turnover has reached 4.3203 million yuan, with a turnover rate of 5.15%.
It is worth noting that the valuation of the CSI Hong Kong Stock Connect Internet Index tracked by the fund is at a historical low, with the latest PBR of 3.04 times, which is lower than the index's 82.94% in the past three years. The valuation performance price ratio is outstanding.
The Hong Kong Stock Internet ETF closely tracks the China Securities and Hong Kong Stock Connect Internet Index. The China Securities and Hong Kong Stock Connect Internet Index selects 30 securities of listed companies involved in Internet related businesses within the scope of the Hong Kong Stock Connect as index samples to reflect the overall performance of the securities of Internet themed listed companies within the Hong Kong Stock Connect.
According to the data, as of March 28, 2024, the top ten heavyweight stocks of the China Securities and Hong Kong Stock Connect Internet Index (931637) are Meituan-W (03690), Xiaomi Group - W (01810), Tencent Holdings (00700), Fasthand - W (01024), Tongcheng Travel (00780), Bilibili-W (09626), Jinshan Software (03888), Kingdee International (00268), Ali Health (00241), JD Health (06618), The top ten weighted shares accounted for 80.15% in total.
CCB International said that it is recommended to maintain the range trading and dumbbell configuration strategy in the second quarter, on the one hand, continue to hold high dividend blue chips, on the other hand, select the Internet, technology, consumption and manufacturing industry leaders. Topics can be focused on: artificial intelligence+, new quality productivity, manufacturing industry going to sea, equipment upgrading, old for new, consumption recovery, etc.
Massive information, accurate interpretation, all in Sina Finance APP
