Xin Lang Cai Jing·2026-01-15 03:34Group 1 - The Hong Kong Stock Connect medical sector index has stopped its 9-day consecutive rise, declining over 2%, marking its first drop since 2026 [1][5] - The Hong Kong Stock Connect Medical ETF Huabao (159137) has seen a significant increase since its listing on January 12, but experienced its first pullback today, dropping over 2% [1][5] - The ETF tracks 50 leading stocks across various fields in the Hong Kong medical sector, with AI medical concepts leading the decline, including major stocks like Jingtai Holdings and Alibaba Health, both dropping over 9% [3][7] Group 2 - Alibaba Health has received several positive developments in the AI medical field, including the announcement of its AI health management platform "Antifufu" reaching over 30 million monthly active users [3][7] - The company also launched the exclusive online release of a new product, a gel containing maleate timolol, on January 13 [3][7] - Huafu Securities anticipates that the new fiscal year will bring more positive signals, emphasizing the importance of seizing opportunities in the AI medical application sector, which is entering a critical phase of commercialization [3][7] Group 3 - The ETF is positioned as a high-elasticity T+0 tool, focusing on medical innovation and covering key themes such as brain-computer interfaces and innovative drugs and devices [3][7] - The current market conditions are seen as a golden opportunity for new AI medical application layouts, supported by a closed-loop demand in the AI application sector [3][7]