Zhi Tong Cai Jing·2025-09-17 05:37Core Viewpoint - The technology stocks collectively rose, leading the Hang Seng Tech Index to increase over 2.5%, reaching its highest level since November 2021 [1] Group 1: Stock Performance - Baidu Group-SW (09888) increased by 10.34%, reaching HKD 124.9 [1] - NIO-SW (09866) surged by 764%, reaching HKD 54.95 [1] - JD Group-SW (09618) rose by 4.77%, reaching HKD 136.2 [1] - Alibaba-W (09988) increased by 3.39%, reaching HKD 158.7 [1] Group 2: Industry Developments - The National Cybersecurity Entrepreneur Symposium was held in Kunming, emphasizing the need for leading companies to take responsibility for "bottleneck" technology breakthroughs, particularly in key areas like chips [1] - The National Internet Information Office's Deputy Director Yang Jianwen highlighted the importance of creating innovative alliances with universities to accelerate the development of self-controlled secure chips [1] Group 3: Strategic Partnerships - On September 15, China Merchants Group signed a strategic cooperation framework agreement with Baidu in Shenzhen [1] Group 4: Market Outlook - According to CCB International, technology stocks are expected to benefit from the current domestic substitution acceleration and rapid development of the AI industry cycle [1] - Despite the ongoing macro "weak recovery" environment, large-cap technology companies still have room for growth, with absolute prosperity advantages remaining evident [1] - The recent performance of Hong Kong tech stocks and their correlation with market sentiment may lead to a dual strengthening of market emotions and momentum [1]