Alibaba Cloud products see maximum price increase of 34%! Hang Seng Technology ETF Tianhong (520920) trading volume exceeds 150 million yuan with active trading, underlying index surges in afternoon session turning positive

In the market, the Hong Kong stock technology sector rose. Regarding related ETFs, the Hang Seng Technology ETF Tianhong (520920) index increased by 0.06% during the trading session, with a trading volume of 164 million yuan; the turnover rate was 1.07%.

Notably, Wind data shows that the Hang Seng Technology ETF Tianhong (520920) has achieved continuous “fund inflows” over the past five trading days (March 11, 2026 – March 17, 2026), with a total net capital inflow of 3.553 billion yuan in the last 30 trading days. As of March 17, 2026, the fund’s latest size was 15.367 billion yuan, reaching a new high since its listing.

Tianhong Hang Seng Technology ETF (520920) closely tracks the Hang Seng Technology Index, focusing precisely on leading Hong Kong tech companies. The index selects the top 30 Hong Kong stocks highly related to technology themes, with high concentration and comprehensive coverage of core areas such as information technology, discretionary consumption, and communication services. Additionally, through the QDII mechanism, this ETF can also invest in high-quality tech listed companies like NetEase, JD.com, and Ctrip that are not included in the Hong Kong Stock Connect. The ETF is also equipped with two off-market connection funds (Class A: 012348; Class C: 012349).

On the news front, due to the explosion in global AI demand and supply chain price increases, Alibaba Cloud’s AI computing power and storage products have seen price hikes of up to 34%. Among them, products like Pingtouge Zhenwu 810E computing cards increased by 5%-34%, and the file storage product CPFS (Intelligent Computing Edition) rose by 30%.

CICC Securities believes that the Hang Seng Technology Index may remain volatile in the short term, but current valuations already offer high cost-effectiveness, and medium- to long-term allocation value is emerging. It is recommended to adopt a “dumbbell strategy,” with one end allocating high-dividend assets for defense, and the other focusing on internet giants with valuation adjustments, as their AI transformation and performance improvements may bring valuation recovery opportunities.

Daily Economic News

(Edited by: He Chong)

【Disclaimer】This article only represents the author’s personal views and has no relation to Hexun.com. Hexun.com maintains neutrality regarding the statements and opinions in the article and does not provide any explicit or implicit guarantees regarding the accuracy, reliability, or completeness of the content. Readers are advised to use it for reference only and bear all responsibilities themselves. Email: news_center@staff.hexun.com