智通财经网·2026-02-03 02:50Core Viewpoint - The technology stocks in Hong Kong experienced a significant decline, leading to a nearly 3% drop in the Hang Seng Tech Index, with major companies like Tencent, Alibaba, and Kingsoft seeing substantial losses in their stock prices [1] Group 1: Market Performance - Tencent's stock fell by 5.85%, trading at HKD 563.5 [1] - Alibaba's stock decreased by 4.53%, reaching HKD 155.9 [1] - Kingsoft's stock dropped by 4.07%, priced at HKD 28.28 [1] Group 2: AI Competition - The AI competition has intensified with major companies like Tencent and Alibaba launching their respective "red envelope" initiatives for the Spring Festival, with a total amount exceeding 4 billion yuan [1] - This strategic move is seen as a significant effort to enhance user engagement and ecosystem development in AI applications [1] - Dongguan Securities reported that the simultaneous push by domestic internet giants into the Spring Festival market signifies a new phase in AI application competition, aiming to attract a large number of users and increase the frequency of AI product usage [1]