港股1630 | 阿里大涨“助推”港股火箭发射 最强赛道卷土重来 这一板块被机构持续看好

Market Overview - The Hong Kong stock market experienced a strong start in September, with the Hang Seng Index closing at 25,617.42 points, up 539.8 points, a rise of 2.15% [1] - The Hang Seng Tech Index also saw an increase, closing at 5,798.96 points, up 124.65 points, a rise of 2.20% [1] Alibaba's Performance - Alibaba was a standout performer in the market, contributing significantly to the rise of both the Hang Seng Index and the Hang Seng Tech Index, with an 18.5% increase in its stock price [1] - The surge in Alibaba's stock was driven by its first fiscal quarter earnings report, which highlighted a three-digit growth in AI-related product revenue, with AI contributing over 20% to external commercialization revenue [1] - This marks the eighth consecutive quarter of three-digit growth in Alibaba's AI-related product revenue [1] Other Technology Stocks - Alibaba's strong performance positively impacted other tech stocks, with notable increases: SMIC rose nearly 5%, Baidu over 3%, Xiaomi over 2%, and JD.com over 3% [1] - Tencent Holdings also saw a rise, closing up 1.42% [1] Innovative Drug Sector - The innovative drug sector in Hong Kong showed strong performance, with stocks like Kintor Pharmaceutical rising over 23%, Clover Biopharmaceuticals over 34%, and Sanofi over 10% [3] - WuXi Biologics and WuXi AppTec also saw significant gains, with increases of over 8% and 7%, respectively [3] - The innovative drug sector has been the strongest segment in the Hong Kong market this year, with seven related ETFs having year-to-date gains exceeding 100%, and one ETF achieving a cumulative gain of 114% [3] Precious Metals Sector - The precious metals sector also performed well, with stocks like Tongguan Gold rising 16%, China Silver Group over 12%, and China Gold International over 11% [4] - The rise in precious metals is attributed to fundamental factors, with gold prices hovering around $3,480, nearing historical highs, and silver prices breaking $40 per ounce for the first time since 2011 [4] Future Outlook - Dongwu Securities believes that the Hong Kong market is in a trend of oscillating upward, with both potential drivers and obstacles present [5] - The firm continues to favor AI technology investments, noting that the global AI narrative is strengthening and that there is still room for valuation recovery among leading tech companies in Hong Kong [5]