阿里2025云栖大会今日开幕，恒生科技指数低开高走，恒生科技指数ETF（513180）小幅上涨

Market Overview - The Hong Kong stock market opened lower on September 24, with the Hang Seng Index down 0.33% at 26,073.69 points, the Hang Seng Tech Index down 0.54%, and the Hang Seng China Enterprises Index down 0.30% [1] - Technology stocks showed mixed performance, while the automotive sector weakened [1] Fund Flow - On September 23, southbound funds recorded a net sell of HKD 4.069 billion in Hong Kong stocks [1] - Alibaba saw a net buy of HKD 1.673 billion from southbound funds, marking 23 consecutive trading days of net buying, totaling HKD 62.116 billion during this period [1] Industry Events - The 2025 Cloud Habitat Conference will be held in Hangzhou from September 24 to 26, focusing on the theme "Cloud Intelligence Integration and Carbon-Silicon Symbiosis" [1] - The conference will feature three main forums and over 110 sub-topic activities, showcasing the evolution of AI technology from infrastructure to industry applications [1] - Changjiang Securities views the conference as a significant event for technology demonstration and industry strategy alignment, indicating that China's AI industry is entering a new phase of infrastructure upgrades and large-scale implementation [1] Company Developments - Alibaba and Baidu are competing in self-developed chips, driven by a bullish sentiment in AI, which may lead to a potential upward breakthrough for the Hang Seng Tech Index [2] - Alibaba is currently the largest weighted stock in the Hang Seng Tech Index, with a weight of 8.79% [2] - Investors without a Hong Kong Stock Connect account may consider the Hang Seng Tech Index ETF (513180) to gain exposure to core Chinese AI assets [2]