On March 20th, Chinese technology stocks, represented by the Hang Seng Technology Index, have continued to strengthen since March, while multiple Hong Kong and A-share technology related ETFs have continued to attract funds. According to statistics, as early as the fourth quarter of 2024, institutions began to lay out the upstream hardware of China’s AI industry chain. Currently, long-term funds in the Asia Pacific region and emerging markets have exceeded Chinese assets. At the current moment, multiple foreign institutions believe that breakthroughs in Chinese AI technology, represented by DeepSeek, have driven the rise of technology stocks in this round. With more favorable factors driving this trend in the future, it is expected to continue. (Shanghai Stock News)
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