Mei Ri Jing Ji Xin Wen·2026-01-23 01:16Group 1 - The core viewpoint of the news highlights the positive performance of Chinese internet companies in the US stock market, with the Nasdaq China Golden Dragon Index rising by 1.59% and notable increases in stocks such as Baidu (up 5.90%), Alibaba (up 5.06%), Bilibili (up over 4%), and JD.com (up over 3%) [1] - Baidu has officially released the 5.0 version of its Wenxin large model, claiming its language and multimodal understanding capabilities are among the best in the world [1] - Alibaba has launched the open-source Qwen3-TTS suite and is reportedly planning to support the independent listing of its chip subsidiary, Pingtouge, although Alibaba has not yet responded to this news [1] - Since the rise of AI, Chinese internet platform companies have increased investments in self-developed chips, cloud computing, AI large models, and AI applications, with Alibaba Cloud's AI business starting to contribute to performance [1] - According to Huaxia Fund, internet companies are the primary beneficiaries of AI commercialization due to their access to vast, active, and structured user and business data, which serves as the "fuel" for training and iterating AI models [1] - The core businesses of internet companies, including advertising, search, e-commerce, social media, and media, are highly aligned with the efficiency optimization goals of AI, which is expected to enhance revenue in the future [1] Group 2 - For individual investors, the Hang Seng Internet ETF (513330.SH) listed on the A-share market offers a low-threshold, diversified investment opportunity, tracking the Hang Seng Internet Technology Index and focusing on internet platform companies and media firms [2] - The current valuation of the index is around 20 times, which presents a relatively high cost-performance ratio compared to Nasdaq and A-share TMT sectors [2]