Group 1 - The Hang Seng Index opened with a gain of 0.14% [1] - The Hang Seng Tech Index increased by 0.44% [1]

每经AI快讯，9月18日，恒生科技指数跌幅收窄至1%以内，此前一度跌2.5%。 ...

每经AI快讯，9月18日，恒生科技指数跌幅扩大至2%，现报6205.99点。 ...

Group 1 - The Hang Seng Index experienced a short-term decline, turning negative, while the Hang Seng Tech Index's growth narrowed to 1.2% [1] - The energy, real estate, and financial sectors saw the largest declines [1]

Group 1 - The "Zhaocai Cup" ETF live competition series aims to enhance investors' asset allocation and risk management skills, promoting the healthy development of the ETF market [1] - The recent probability of a Federal Reserve rate cut has increased, which may lead to a more favorable liquidity environment for the Hong Kong stock market, particularly benefiting the Hang Seng Technology Index [1][19] - Investors with limited time for industry and company analysis are encouraged to consider index products, especially those interested in both technology and pharmaceutical sectors [1][28] Group 2 - The Hong Kong technology sector experienced two significant market rallies this year, driven by factors such as valuation attractiveness and the emergence of DeepSeek technology [2][3] - DeepSeek's R2 model has positioned China as a core competitor in the AI field, leading to a revaluation of Chinese tech assets and increased investor confidence [2] - The first rally in Q1 was primarily driven by valuation and the success of DeepSeek, while the second rally from late April to early June was fueled by liquidity conditions and significant inflows from southbound funds [3][21] Group 3 - The domestic AI industry has advantages in application, with a growing number of companies and a market size nearing 600 billion yuan, indicating a robust ecosystem for AI applications [5][6] - China has a unique market advantage due to its large population and demand for AI applications, which supports rapid innovation and commercialization [5] - The AI chip sector, while lagging, is seeing the emergence of strong domestic players, with companies like Alibaba preparing for future developments in AI chips [7][12] Group 4 - AI applications are entering a phase of accelerated commercialization, with companies like Kuaishou and Meitu reporting rapid revenue growth from AI products [8][9] - The government has set ambitious goals for AI integration across various sectors by 2035, indicating a strong push for AI adoption [8] - AI programming is expected to be one of the first core applications to achieve widespread adoption, driven by advancements in large models [9] Group 5 - The Hong Kong stock market's technology sector is currently undervalued compared to global peers, with the Hang Seng Technology Index trading at a PE-TTM of less than 22 times, indicating potential for upward movement [24][26] - The anticipated Federal Reserve rate cuts are expected to improve liquidity conditions, benefiting the technology sector in Hong Kong [25][26] - Southbound funds have significantly increased their investments in Hong Kong stocks, particularly in technology and high-dividend assets, reflecting strong demand from mainland investors [21][23] Group 6 - The performance of major companies like Alibaba and Tencent in the AI sector has exceeded market expectations, with significant growth in cloud services and AI-related revenues [16][17] - Alibaba's cloud business reported a 26% year-on-year revenue increase, while Tencent's AI investments have become a core driver of its business growth [16][17] - The overall positive performance of these companies is likely to enhance the valuation sentiment for Chinese assets in the global market [18]

Group 1 - The Hang Seng Tech Index turned negative after initially rising by 2% in the morning session [1]

每经AI快讯，9月18日，恒生科技指数上涨2%至6461.04点。 ...

Group 1 - The Hong Kong stock market showed an upward trend on September 18, with the Hang Seng Index rising by 0.4% and surpassing the 27,000-point mark, reaching its highest level since July 2021 [1] - The Hang Seng Tech Index experienced a gain of 1.57% during the same period, indicating positive momentum in the technology sector [1]

Group 1 - The Hong Kong stock market experienced a V-shaped rebound, with the Hang Seng Index rising by 0.42% and surpassing the 27,000-point mark, reaching its highest level since July 2021 [1] - The Hang Seng Technology Index increased by 1.59%, indicating a positive trend in the technology sector [1] - The Hang Seng China Enterprises Index rose by 0.57%, reflecting a stable performance in Chinese enterprises listed in Hong Kong [1]

Core Viewpoint - The Hang Seng Index opened down 0.17%, while the Hang Seng Tech Index remained flat, reflecting market reactions to the recent interest rate changes by the U.S. Federal Reserve [1] Group 1: Market Reaction - The U.S. Federal Reserve announced a 25 basis point reduction in the federal funds rate target range to between 4.00% and 4.25%, aligning with market expectations [1]