智通财经网·2026-01-02 03:40Group 1 - The technology stocks are experiencing a significant rally, with the Hang Seng Tech Index rising nearly 4% [1] - Notable stock performances include Baidu Group-SW increasing by 8.75% to HKD 143, Alibaba-W rising by 3.29% to HKD 147.5, Kuaishou-W up by 3.21% to HKD 66, and Tencent increasing by 3.17% to HKD 618 [1] Group 2 - CITIC Securities forecasts a bullish trend for the internet sector in 2025, driven by AI-related value reassessment and improved liquidity, despite external disturbances [1] - For 2026, AI is expected to remain a core catalyst for valuation increases, with a focus on model iteration, application implementation, and performance realization [1] - Companies that have gone public with AI models may further drive the reassessment of internet companies' AI business value [1] Group 3 - Guosen Securities emphasizes the importance of monitoring the overseas business progress of internet giants in 2026, highlighting growth opportunities for domestic cloud and gaming companies amid AI development trends [1] - The upgrade of domestic quality supply chains and the expansion of e-commerce platforms overseas are seen as crucial growth directions to supplement weak domestic demand [1] - The competitive landscape in the food delivery sector may enter a phase of diminishing marginal investment by 2026, significantly impacting cash flow and profits for the three major platforms [1]