Xin Lang Cai Jing·2026-01-09 05:56Group 1: Market Performance - The Hong Kong stock market's technology sector showed positive performance, with the Hong Kong Stock Connect Technology 30 ETF (520980) rising nearly 1% and achieving a trading volume exceeding 240 million yuan [1] - The Hang Seng Technology ETF (513260), which has the lowest management fee of 15 basis points, also increased by 0.35%, with a trading volume surpassing 300 million yuan [3] - Notable stocks in the technology sector included Alibaba-W and Kuaishou-W, both rising over 2%, while Meituan-W fell over 2% [7] Group 2: New Listings and Innovations - MINIMAX-WP, a leading global general artificial intelligence company, listed on the Hong Kong stock market on January 9, with its stock price surging over 80% shortly after opening [5] - Alibaba reported significant progress in its Taobao Flash Sale service, aiming for market share growth by 2026 [6] - JD.com established a "Chameleon Business Department" to focus on the commercialization of core AI products, with new self-developed AI toys set to launch in mid-January [6] Group 3: Fund Flows and Investor Sentiment - Southbound capital continued to flow into Hong Kong stocks, with Xiaomi Group-W leading net purchases at 4.401 billion HKD over the past week [9] - Institutional insights suggest that the Hong Kong market is attractive for long-term investment, driven by new year positioning and short covering [11] - The market is expected to enter a period of upward volatility, with potential for increased allocation of southbound funds into Hong Kong technology stocks [11]