AI硬件设备龙头“易中天”全天成交额居前！港股AI应用为何迟迟不动？

Core Viewpoint - The A-share hardware sector has seen a significant resurgence, with major companies like Zhongji Xuchuang, Xinyi Sheng, and Tianfu Communication experiencing substantial stock price increases year-to-date, indicating strong market sentiment and investment interest in AI hardware [1][2]. Group 1: A-share Hardware Sector Performance - Zhongji Xuchuang's stock price has increased by 402.48% year-to-date, with a recent trading volume of 23.898 billion RMB and a total market capitalization of 686.1 billion RMB [2]. - Xinyi Sheng has seen a year-to-date increase of 463.08%, with a trading volume of 18.086 billion RMB and a market cap of 460.2 billion RMB [2]. - Tianfu Communication's stock has risen by 244.58% year-to-date, with a trading volume of 12.702 billion RMB and a market cap of 173.4 billion RMB [2]. - Industrial Fulian has experienced a 187.48% increase year-to-date, with a trading volume of 10.628 billion RMB and a market cap of 1,203.8 billion RMB [2]. - Shenghong Technology has shown a remarkable increase of 610.33% year-to-date, with a trading volume of 10.523 billion RMB and a market cap of 259.2 billion RMB [2]. Group 2: Comparison with Hong Kong Internet Sector - Major Hong Kong internet companies like Alibaba, Tencent, and Baidu have lagged behind in stock price increases, with Alibaba up 80.41% and Tencent up 48.65% year-to-date, indicating a slower recovery compared to A-share hardware firms [2]. - The analysis from CICC suggests that the hardware sector benefits from clearer policy support in areas such as computing infrastructure and domestic substitution, while the internet sector faces uncertainties in profitability models [2]. Group 3: Investment Opportunities in Hong Kong Market - Some institutions view the Hong Kong internet application sector as having "high odds" opportunities, suggesting that certain segments may be undervalued and could benefit from unexpected industry events or technological breakthroughs [3]. - The East Wu Strategy team recommends a proactive investment approach in AI applications, considering them as a "call option" for potential future gains [3]. Group 4: Hong Kong Market AI Application Related Funds - The Hang Seng Internet ETF and its related funds focus on AI software applications and media, including major players like Tencent and Alibaba [4]. - The Hang Seng Technology Index ETF also covers hard technology and smart vehicle leaders, providing a diversified investment approach [4]. - The Hong Kong Stock Connect Technology ETF targets core leading companies in high-end manufacturing, biotechnology, and the internet sector, allowing for concentrated investments in key players [4].