$ISHARESHSI(03115)$ This ETF buys the entire Hong Kong blue-chip stocks with one click. In the long run, it is a high-quality tool for low-level layout of Chinese value assets. It replicates the performance of the $HSI(HSI)$ 100%. Buying it is equivalent to holding: $TENCENT(00700)$ $MEITUAN-W(03690)$ $BABA-W(09988)$ $iShares Asia 50 ETF(AIA)$... All are the most important, profitable and representative companies in Hong Kong stocks.

The Hang Seng Index is currently in the "historical bottom range". The Hang Seng Index has fallen by more than 40% from its high point in 2021. The current valuation is less than 10 times the price-earnings ratio, which is as cheap as cabbage. From a global perspective, Hong Kong stocks are currently one of the cheapest mature markets. In other words, what you are buying now is undervalued Chinese "high-quality assets", not junk tickets.