BABA(US:BABA) 智通财经网·2025-10-03 14:28Core Viewpoint - Investors can better allocate and participate in the AI investment boom by combining AI-related stocks with those closely linked to global economic growth, such as resource stocks, which are significantly cheaper compared to major US tech giants [1] Group 1: AI Investment Strategy - The Bank of America (BofA) suggests that investors should focus on resource stocks and the UK stock market instead of the crowded US tech sector to capitalize on the AI boom [3] - The rapid construction of AI data centers is driving strong demand for energy and commodities like copper, which is essential across various tech sectors [4][7] - BofA's AI-focused stock basket has surged over 450% since the beginning of 2023, outperforming the Nasdaq 100 index by three times [7][8] Group 2: Market Trends and Shifts - The market is expected to favor China's four major tech giants (BATX: Baidu, Alibaba, Tencent, Xiaomi) over the US tech giants (Magnificent Seven) in the latter half of this decade [1][8] - The UK stock market offers significant exposure to defensive investment sectors, which can hedge against the risks of an overheated tech market [7] - There are early signs of a "bubble" market pattern, with inflation indicators trending upwards, yet no major interest rate hikes have occurred globally in the past two months [7] Group 3: Foreign Investment in China - After a period of withdrawal, foreign investors are returning to the Chinese stock market, driven by advancements in AI, robotics, and innovative pharmaceuticals [10][11] - Major Wall Street firms have upgraded their ratings on Chinese stocks, particularly in the semiconductor and AI-related sectors, reflecting a renewed interest [11] - Over 90% of US investors expressed a willingness to increase their allocation to Chinese stocks, marking the highest level of interest since early 2021 [11] Group 4: Alibaba and Tencent's Potential - There is strong bullish sentiment towards Alibaba, with significant target price increases from major financial institutions [12] - Alibaba and Tencent are positioned to leverage their AI capabilities, potentially rivaling the market scale of North American cloud giants like Amazon and Microsoft [13]