Mei Ri Jing Ji Xin Wen·2025-09-09 03:25Group 1 - The Hong Kong stock market, represented by the Hang Seng Technology Index ETF (513180), opened strong on September 9, with significant gains in major holdings such as Alibaba Health, NetEase, Kuaishou, Alibaba, NIO, JD Group, and SMIC, with NetEase reaching a historical high of 230.8 HKD [1] - The game "Destiny: Rising," developed by NetEase and authorized by Bungie, launched overseas on August 28, achieving over 10 million pre-registrations within the first 10 days. It topped the free charts in seven iOS markets and reached the first position in the US iOS download chart [1] - NetEase's Blizzard games are resuming operations, and titles like "Egg Party" have performed well during the summer. New releases such as "Destiny: Rising" and "Diablo II" are expected to drive growth in Q3 [1] Group 2 - The Hang Seng Technology Index ETF (513180) is currently in a historically undervalued range. With continuous inflow of southbound funds and the potential start of a new interest rate cut cycle in the US, the Hong Kong market may experience a "catch-up" rally in September [2] - The ongoing anti-involution policies, combined with Alibaba's better-than-expected earnings report and rapid iterations in AI large models, suggest that the Hang Seng Technology Index may shift focus from "takeout involution" back to AI narratives, indicating potential for valuation reconstruction [2]