Group 1 - The core point of the article highlights the rebound of Hong Kong tech stocks, with the Hang Seng Tech Index narrowing its afternoon decline to 1% after previously dropping by 3.4% [1] - Individual stocks such as Tencent, Baidu, Kuaishou, and Alibaba experienced significant fluctuations, with Tencent's decline narrowing to 3% from over 6%, Baidu to under 4% from nearly 7%, Kuaishou to 4.5% from almost 8%, and Alibaba to 1.4% from nearly 5% [1] - The collective drop in tech stocks was attributed to investor concerns over a potential increase in value-added tax (VAT) for internet service companies following a VAT hike for Chinese telecom stocks [1] Group 2 - Some institutions believe that the concerns regarding increased taxation on internet companies are overstated and lack solid evidence [1] - It is noted that any tax increase on internet companies could directly impact end consumers, which contradicts current policies aimed at promoting consumption [1] - The draft of the "Value-Added Tax Law of the People's Republic of China" is set to be implemented on January 1, 2026, with specific tax rates outlined for various sectors, including a confirmed 9% for basic telecommunications and 6% for services, intangible assets, and financial products [1]
传闻属“过度推演”！港股科网股回升，恒生科技指数跌幅收窄至1%
Ge Long Hui·2026-02-03 05:54