Hong Kong stock funds have a scale of over trillions of yuan, with the technology sector as a gathering place.

Investment enthusiasm in Hong Kong stocks is high, helping to continuously expand the size of Hong Kong stock funds. Wind data shows that from October 1st to November 12th, the total number of shares of the Hang Seng Tech ETF increased by 32.531 billion shares; by the end of the third quarter, the size of Hong Kong stock funds had significantly expanded, surpassing one trillion yuan. Industry insiders believe that Southbound funds represented by mutual funds have gradually become an important force supporting the Hong Kong stock market, with their size continuously expanding. However, as the size expands, the concentration of holdings in Hong Kong stock funds is also increasing, and during the year-end market style rebalancing phase, it may bring significant fluctuations to the net asset value of the funds.