New Narrative of Hong Kong Stocks AI: Technology Giants "Hunt" Large Models.
① What signals are there as the four major Technology giants collectively push forward in the large model track? ② What highlights are there as Institutions are Bullish about the new developments in domestic large AI products?
Hong Kong stock market closing review: Hang Seng TECH Index rose 1.35% with Siasun Robot&Automation and Insurance Sectors leading the gains, while China Mainland Banking stocks fell after earnings.
On the last trading day of April, the three major indices of Hong Kong stocks collectively rose, with the Hang Seng Index up 0.51% to 22,119.41 points, the Hang Seng TECH Index rising 1.35%, and the Hang Seng China Enterprises Index increasing by 0.1%. The total turnover of the Hang Seng Index for the day was 201.6 billion HKD, with net buying by southbound funds reaching 5.637 billion HKD in Hong Kong stocks today. In addition, the Hang Seng Index fell 4.33% in April, the Hang Seng TECH Index dropped 5.7%, and the Hang Seng China Enterprises Index decreased by 5.17%. In the market, large technology stocks rose broadly, with Xiaomi gaining over 5%, Alibaba rising nearly 2%, and Kuaishou increasing more than 1.5%. Robot Concept stocks strengthened collectively, with Micron Technology rising over 11%, and the fourth范.
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Hong Kong Stock Morning Report｜Two major insurance companies subscribed to the 2nd phase Fund of 20 billion yuan. The Hong Kong Stock Exchange has already contacted some companies regarding the "return of Chinese concept stocks."
① Two major insurance companies subscribed to 20 billion yuan for the Honghu Phase II Fund. ② The Hong Kong Stock Exchange has contacted some companies regarding the "return of Chinese concept stocks." ③ Li Yunzhe met with the President of the Hong Kong Monetary Authority, Eddie Yue Wai-man. ④ Tencent announced a restructuring of its mixed Yuan model research and increased investment in AI.
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The valuation of the Hang Seng TECH Index has returned to the "Global Low Ground". Institutions are Bullish on the AI narrative-driven market restart.
① The valuation of the Hang Seng TECH Index has returned to a "Global Low", will it trigger a market revaluation again? ② Institutions are Bullish on the AI narrative-driven market, what recent changes are there in the funding situation?
