On March 13th, Hong Kong stocks experienced another correction, yet the internet sector remained active. Leading companies and saw their shares rise against the market trend throughout the day, with briefly gaining over 2%. Among popular ETFs, the core AI tool for Hong Kong stocks, the Hong Kong Internet ETF (513770), traded in positive territory for most of the session before pulling back to close down 0.22%. The Hong Kong Large Cap 30 ETF (520560), which employs a "tech + dividends" barbell strategy, demonstrated resilience, closing with a 0.12% gain in its on-market price.

Regarding the overall trend of Hong Kong stocks, the geopolitical situation suggests a resolution is unlikely in the short term, indicating that the market may continue to face disturbances from external uncertainties. Looking specifically at the technology sector, after significant previous corrections and with the rapid development of AI Agents, leading Hong Kong-listed internet companies are poised for a dual-driven recovery, benefiting from both undervalued valuations and the红利 of industrial transformation.

In industry news, Tencent Cloud recently announced a substantial increase in the API billing prices for its Hunyuan series of large models, with the highest increase reaching 463%. The explosive growth of the OpenClaw Agent ecosystem is driving a rapid increase in large model token usage, from which large model providers are directly benefiting.

Guotou Securities pointed out that since late January, cloud service providers like Alibaba Cloud and Tencent Cloud have successively launched OpenClaw cloud deployment solutions, offering a full suite of capabilities including models, computing power, and interactive front-ends. Agent product iterations are presenting significant business opportunities for large model and cloud service providers.

Looking ahead, the latter half of March will see the release of the latest financial results from internet leaders like and . Guidance on capital expenditure and the implementation of industrial policies are expected to become new catalysts for the sector.

To capitalize on what is considered the inaugural year of AI commercialization in 2026, attention is on core AI tools in the Hong Kong market. The Hong Kong Internet ETF (513770) and its feeder funds track the CSI Hong Kong Stock Connect Internet Index, which is heavily weighted towards internet leaders. Its top ten holdings aggregate tech giants like , , and Xiaomi Group-W, alongside AI application companies from various sectors, highlighting significant leading advantages.

For those bullish on Hong Kong tech but seeking to reduce volatility, the Hong Kong Large Cap 30 ETF (520560) employs a barbell strategy combining "tech and dividends." Its portfolio includes high-beta tech stocks like and , alongside stable, high-dividend payers such as China Construction Bank and Ping An Insurance, making it an ideal long-term core holding tool for Hong Kong stock investments.

Note: The Hong Kong Large Cap 30 ETF (520560) is the first ETF to track the Hang Seng China (Hong Kong Listed) 30 Index.

Reminder: Recent market volatility may be significant, and short-term gains or losses are not indicative of future performance. Investors must make rational investment decisions based on their own financial situation and risk tolerance, paying close attention to position sizing and risk management.

A golden cross MACD signal has formed, indicating positive momentum for certain stocks.