Xin Lang Cai Jing·2025-11-26 03:48Group 1 - Alibaba reported a revenue of 247.8 billion yuan for Q2 of FY2026, with a year-on-year growth of 15% after excluding the impact of divested businesses [1] - The cloud intelligence group generated a revenue of 39.82 billion yuan, reflecting a year-on-year increase of 34% [1] - Alibaba Cloud holds a 35.8% market share in China's AI cloud market, surpassing the combined share of the second to fourth competitors [1] Group 2 - The CEO of Alibaba emphasized ongoing investments in AI and cloud businesses, indicating that the previously announced capital expenditure of 380 billion yuan over three years is likely underestimated [1] - CITIC Securities highlighted Alibaba's commitment to AI infrastructure investment, suggesting a steady progress towards self-controlled domestic computing power, which may signal an industry turning point [1] Group 3 - E Fund's new product, the E Fund CSI Sci-Tech Innovation and Entrepreneurship Artificial Intelligence ETF, will start issuance on November 28, allowing investors to easily participate in the AI sector [2] - The ETF tracks the CSI Sci-Tech Innovation and Entrepreneurship Artificial Intelligence Index, which selects 50 companies involved in AI resources, technology support, and applications from the Sci-Tech and Growth Enterprise markets [2] - The fund aims to provide a cost-effective and transparent investment solution for investors to capitalize on leading companies in the AI industry [2] Group 4 - The ETF's component stocks are heavily weighted towards AI computing infrastructure, with approximately 34% in communication equipment companies providing key optical communication modules and about 33% in semiconductor companies focused on domestic AI computing power [2][3] - This focus on "hard technology" positions the ETF to benefit directly from the upward cycle of global and domestic AI capital expenditures and technological upgrades [3]