The Hong Kong stock market is experiencing a recovery, with the Hong Kong Stock Connect Internet ETF, Wanguo (159792), rising nearly 2% in the early trading session.

On the morning of March 24, the Hong Kong stock market welcomed a recovery, with popular tech stocks rising collectively.

Among the related ETFs, the Hong Kong Stock Connect Internet ETF from Fortune (159792) opened up about 1.76%, with intraday gains narrowing but rebounding again. As of 10:21, it had risen over 1.4%, with a trading volume exceeding 900 million yuan, ranking first among similar products. Dongfang Zhenxuan, Damai Entertainment, Xiaomi Group, and Tencent Holdings led the gains.

On the news front, Trump postponed strikes on Iran’s power facilities and stated that his team has begun discussions to end the conflict. Although Iran has repeatedly denied this, the market still leans towards the belief that tensions in the Middle East may ease.

Some institutions indicate that with geopolitical risks easing and global risk appetite rebounding, there will be significant room for recovery in the Hong Kong tech sector.

According to data, the Hong Kong Stock Connect Internet ETF from Fortune (159792) tracks the CSI Hong Kong Stock Connect Internet Index, which selects 30 listed companies involved in internet-related businesses from the Hong Kong Stock Connect range as index samples to reflect the overall performance of internet-themed listed companies within the Stock Connect. Off-exchange investors can also pay attention to investment opportunities in Hong Kong’s internet sector through the linked funds (Class A: 014673; Class C: 014674).

MACD golden cross signal formed, these stocks are performing well!

Massive information and precise interpretation can be found on the Sina Finance APP.

Editor: Guo Xutong