Xin Lang Cai Jing·2025-12-30 13:56Group 1 - The core viewpoint of the article highlights a strong performance in the Hong Kong stock market, driven by large technology stocks, with the Hang Seng Index and the Hang Seng Tech Index rising by 0.86% and 1.74% respectively [1] - Major tech stocks such as Baidu, NetEase, and Xiaomi saw significant gains, with Baidu increasing by nearly 9% and NetEase and Xiaomi rising over 2% [1][2] - The AI sector is experiencing renewed interest, with semiconductor and AI infrastructure stocks showing strength, and various AI application stocks also rising [2][4] Group 2 - The overall market sentiment remains mixed, with some sectors like nuclear power, aviation, and construction materials experiencing declines, while resource stocks such as oil and aluminum rebounded [3][4] - Short selling activity remains low, with total short selling amounting to 22.754 billion HKD, representing 11.39% of the Hang Seng Index's trading volume [4] - The market is witnessing a resurgence of interest in AI technology, with Meta's acquisition of AI company Manus for potentially billions of dollars being a significant event [4][6] Group 3 - The A-share market is also performing well, with the Shanghai Composite Index achieving ten consecutive days of gains, driven by similar technology trends [6][8] - Analysts predict that the Hong Kong stock market will benefit from a combination of new economic growth and high dividend yields, with expectations of continued net inflows from foreign and southbound capital [8] - The overall outlook for the Hong Kong market suggests a potential upward trend in both earnings and valuations, supported by favorable policies and economic recovery [8]