美联储9月降息箭在弦上，布局科技主线行情

Group 1 - The Federal Reserve is expected to announce a rate cut this week, with a 92% probability of a 25 basis points cut and an 8% probability of a 50 basis points cut, which may improve global liquidity and benefit the Hong Kong stock market, particularly the high-growth technology sector [1] - Alibaba's recent quarterly cloud revenue and capital expenditure exceeded market expectations, potentially shifting the narrative in the Hong Kong technology and internet sector from "food delivery competition" back to AI, aiding in valuation recovery [1] - The Hong Kong stock market is home to key domestic AI assets across the entire industry chain, including computing power, models, software applications, and hardware terminals, positioning it as a leader in China's asset revaluation and expected to benefit from the accelerated penetration of AI [1] Group 2 - Several significant models and intelligent products have been released in Q3, including the domestic Kimi K2 model, which has been recognized internationally as a major advancement, and Alibaba's Qwen 3 Coder, a strong open-source code model [1] - Internationally, xAI released the Grok4 model and OpenAI launched the ChatGPT Agent, indicating a dual advancement in foundational models and agent applications [1] - The acceleration of various AI agents and the upcoming disclosures of financial reports from leading technology stocks in both the US and Hong Kong are expected to boost market sentiment and maintain high prosperity in the technology sector [1]