2 1 Shi Ji Jing Ji Bao Dao·2025-05-26 09:01Group 1 - The market experienced fluctuations on May 26, with the ChiNext Index leading the decline, while the CSI Hong Kong-Shanghai Cloud Computing Industry Index rose by 0.29%, indicating a mixed performance among constituent stocks [1] - Notable gains were observed in stocks such as Runze Technology, which increased by over 4%, and several others like Aofei Data, 263, Yihualu, and Hand Information, which rose by over 3% [1] - The Hong Kong-Shanghai Cloud Computing ETF (517390) saw an increase of nearly 1%, closing up 0.74%, with a premium rate of 0.36%, and recorded a cumulative net inflow of 7.66 million yuan over three consecutive days [1] Group 2 - Major tech companies like Google and Microsoft are intensifying their focus on AI, with Google unveiling significant advancements at its I/O conference, including the upgraded Gemini 2.5 model and new hardware, while Microsoft introduced the "Agent Network" concept at its Build 2025 conference [2] - The computer industry has shown strong performance since the beginning of the year, driven by the domestic large model DeepSeek, with the computer sector's earnings expected to recover marginally in Q1 2025 due to effective cost control and AI-enhanced business capabilities [2] - The issuance of long-term special government bonds and the ongoing progress of local debt are expected to improve cash flow recovery in the computer sector, with a gradual release of profits anticipated in 2025 [2]