Mei Ri Jing Ji Xin Wen·2025-08-12 02:53Group 1 - Hong Kong stock indices opened lower on August 12, with the Hang Seng Tech Index experiencing significant fluctuations, dropping over 0.5% at one point [1] - Kuaishou has launched an independent "takeaway" entry on its group purchase page, allowing users to place orders through a third-party mini-program for delivery, indicating a strategic shift towards collaboration with partners like Meituan [1] - Kuaishou is focusing on a "traffic open + third-party co-construction" model to penetrate the takeaway market, aiming to promote quality dining products and expand into more categories in the future [1] Group 2 - Kuaishou is set to announce its earnings on August 21, with expectations of stable performance driven by improvements in advertising and AI capabilities [2] - According to Everbright Securities, Kuaishou's advertising business is anticipated to benefit from optimized investment strategies and enhanced AI material support, while e-commerce is expected to maintain rapid growth [2] - The adjusted net profit forecasts for Kuaishou for 2025-2027 are projected at 20.15 billion, 24.19 billion, and 27.76 billion yuan, reflecting slight increases from previous estimates [2] Group 3 - Year-to-date net inflows from southbound funds have exceeded 90 billion HKD, primarily directed towards core assets in AI and new consumption sectors, indicating a trend towards emerging industries [3] - The Hang Seng Tech Index ETF (513180) includes 30 leading Hong Kong tech companies, focusing on the AI industry chain, with potential key players identified as Alibaba, Tencent, Xiaomi, Meituan, SMIC, and BYD [3] - Investors without a Hong Kong Stock Connect account can access Chinese AI core assets through the Hang Seng Tech Index ETF (513180) [3]