Mei Ri Jing Ji Xin Wen·2025-09-01 03:50Core Viewpoint - Alibaba's latest financial report indicates significant growth in its cloud business, with a 26% year-on-year revenue increase, marking the highest growth rate in three years, driven by rising public cloud demand [1] Group 1: Financial Performance - Alibaba's cloud revenue growth of 26% year-on-year is attributed to increased public cloud demand [1] - The company's capital expenditure in artificial intelligence and cloud infrastructure reached 38.6 billion RMB [1] - AI-related product revenue has achieved triple-digit growth for eight consecutive quarters [1] Group 2: Market Trends - Major companies like Alibaba and Tencent are increasing investments in AI, suggesting a potential upgrade in business models within the internet sector [1] - The CSI Hong Kong Internet Index, which includes 30 stocks related to internet businesses, has seen a cumulative increase of approximately 40% this year [1] - The index's rolling price-to-earnings ratio is positioned at the 13.3% percentile since its release in 2021, indicating emerging investment value [1] Group 3: Investment Opportunities - The Hong Kong Stock Connect Internet ETF (513040) has experienced net inflows for 15 consecutive trading days, with its latest scale approaching 2 billion RMB [1] - This ETF provides investors with a streamlined opportunity to invest in the Hong Kong internet sector [1]