智通财经网·2026-02-26 16:03Group 1 - The Nasdaq Golden Dragon China Index fell over 2%, with most popular Chinese concept stocks declining, including Beike (BEKE.US) down nearly 6%, Li Auto (LI.US) and Xpeng Motors (XPEV.US) down over 4%, Alibaba (BABA.US) down over 3%, and New Oriental (EDU.US) down over 2% [1] - The Hang Seng Tech Index dropped 2.87%, reaching a new low since July of last year, and has corrected over 23% from its high in October of last year [1] - The Hang Seng Index and the China Enterprises Index fell by 1.44% and 2.44%, respectively [1] Group 2 - UBS analysts believe that concerns regarding AI have created buying opportunities, noting that Chinese tech giants currently have capital expenditures significantly lower than their American counterparts [1] - It is anticipated that major domestic cloud service providers in China will announce plans to increase their spending in the upcoming earnings season [1]