Core Viewpoint - The AI concept stocks are experiencing a decline due to increasing concerns over high valuations, exacerbated by a sell-off in U.S. tech stocks [1] Group 1: Market Performance - Kingsoft (03888) fell by 4.37%, trading at HKD 31.94 [1] - Hua Hong Semiconductor (01347) decreased by 4.09%, trading at HKD 72.7 [1] - Alibaba-W (09988) dropped by 2.58%, trading at HKD 155.1 [1] Group 2: Investor Sentiment - Investor Michael Burry is heavily shorting Nvidia and Palantir, with put options valued over USD 1 billion, representing 80% of his portfolio [1] - Burry previously issued a subtle warning about market euphoria to retail investors [1] Group 3: Analyst Insights - Dongwu Securities noted ongoing concerns about an AI bubble in the U.S. market, alongside mixed earnings reports from tech giants [1] - Google exceeded expectations in cloud computing and search, supporting the notion that AI tools are enhancing advertising revenue for tech giants [1] - In contrast, Meta's revenue beat expectations but raised concerns about future profits due to accelerated capital expenditures [1] - Investors in Hong Kong are adopting a cautious stance towards technology stocks, although the long-term outlook for Hong Kong tech valuations appears attractive [1] - The firm anticipates a marginal recovery in Hong Kong's EPS in Q1 of next year as the competitive landscape among tech leaders approaches its peak [1]
AI概念股悉数走低 市场对AI高估值担忧加剧 机构称中长期看港股科技点位有吸引力
Zhi Tong Cai Jing·2025-11-05 01:44