HKEX Tech100 Index Semi-annual Adjustment: AI Leaders Enter the Market, Strengthening the Prospects of "Hard Technology"

Recently, the Hong Kong Stock Exchange's Technology 100 Index's semi-annual regular adjustment and fast inclusion mechanism took effect on the same day for the first time. Three AI hard technology leaders, Zhipu, Biren Technology, and Tiandu Smart Core, were included in the index through the fast inclusion mechanism, along with seven other stocks including DiPu Technology, Huiju Technology, and Hesai-W, making a total of 10 new constituent stocks. After this adjustment, the index's "hard technology" component significantly strengthened, enhancing its representation in future industries such as artificial intelligence, autonomous driving, and robotics. Analysts believe that the inclusion of representative core companies in the artificial intelligence industry chain in the index may bring clear incremental passive fund allocations in the short term. In the medium to long term, the addition of high-quality AI leaders could improve the overall growth elasticity and valuation benchmark effect of the index, attracting more attention and capital to structural opportunities in the Hong Kong stock technology sector.