刚刚！港股，突然爆发！A50，直线拉升！

Market Performance - The Hong Kong stock market experienced a significant rally, with the Hang Seng Technology Index rising over 3% at one point, and the Hang Seng Index increasing by 1.11% [2][3] - Major tech stocks such as XPeng Motors and Horizon Robotics surged over 6%, while Xiaomi Group and Kingsoft rose over 4% [3] - Apple-related stocks also saw substantial gains, with companies like Rongyang Industrial and Sunny Optical Technology increasing by over 4% [4] Economic and Trade Relations - The Chinese Ministry of Commerce indicated that the U.S. has expressed a willingness to engage in talks regarding tariffs, with China currently evaluating the situation [5] - The Chinese stance remains firm, emphasizing that any dialogue must involve the U.S. correcting its unilateral tariff measures to demonstrate sincerity [5] AI and Technology Sector Insights - Recent earnings reports from U.S. tech giants have alleviated concerns regarding AI demand, contributing to the strength of Hong Kong's tech stocks [6] - Morgan Stanley highlighted that companies like Microsoft and Meta are showing robust capital expenditures, indicating sustained demand for AI products [6][8] - Microsoft reported a 13% increase in total revenue, reaching $70.1 billion, with Azure cloud business revenue growing by 33% [7][8] Capital Expenditure Trends - Microsoft’s capital expenditure for the quarter reached $16.75 billion, a nearly 53% increase year-over-year, reflecting heightened investment in AI infrastructure [8] - Meta has raised its annual capital expenditure forecast to between $64 billion and $72 billion, primarily for generative AI and core business investments [8]