Hong Kong's internet sector is being revalued and several ETFs have seen a significant influx of funds.

In recent times, the Hong Kong stock market's internet sector has shown a significant recovery, with leading stocks such as Alibaba and Tencent Holdings continuing to rise, while several related ETFs have also experienced large capital inflows. Among them, the size of the Fortune CSI Hong Kong Connect Internet ETF has approached nearly 100 billion yuan. Several institutions have stated that with the gradual realization of AI business, improvement in performance, and short positions being covered, the value of the Hong Kong internet sector is undergoing a reevaluation. The core strategic value of top companies in the AI era will gradually be realized. Since September, the two internet giants Alibaba and Tencent Holdings have continued to rise, with Alibaba-W seeing a nearly 40% increase. At the same time, Hong Kong internet and technology-related ETFs have also continued to receive net inflows of funds. Data from Wind shows that as of September 18, the Fortune CSI Hong Kong Connect Internet ETF has received a net inflow of 16.049 billion yuan in the past month, ranking first among all cross-border ETFs. With increasing shares, as of September 18, the latest size of the Fortune CSI Hong Kong Connect Internet ETF has reached 92.473 billion yuan, approaching the 100 billion yuan mark.