Some AI concept stocks continue to be popular. AINNOVATION and FOURTH PARADIGM have surged by 34%-39%. UBTECH ROBOTICS has soared 2.3 times in three days.

The U.S. AI stock king NVIDIA (NVDA.US) saw its stock price rise by 3.2% last night, reaching a record high of $897.24, driving chip stocks to attract buying interest. This led the Philadelphia Semiconductor Index to rise by 2.4% to close at 4,997, reaching a historical high of 5,052 during the trading session. Among the AI concept stocks in Hong Kong, the recently included stock connect newcomer UBTECH ROBOTICS (09880.HK) performed the best. Today, its stock price surged by 62% to 328 HKD, marking a record high for the third consecutive day (up to 2.3 times). It is currently trading at 302.2 HKD, up by 49%, with a trading volume of 1.02 million shares and a transaction value of 300 million HKD. FOURTH PARADIGM (06682.HK), which has been listed for less than half a year, has risen for the sixth consecutive day. Today, its stock price broke through the previous intraday high of 65 HKD, surging by 39% to 82 HKD, reaching a record high. It is now trading at 76 HKD, up by 29%, with a trading volume of 980,000 shares and a transaction value of 71.68 million HKD. AINNOVATION (02121.HK) continued its upward trend from yesterday, with its stock price crossing the 50-day moving average (7.45 HKD) today. It surged by 33.5% to 8.88 HKD but faced resistance, currently trading at 7.65 HKD, up by 15%, with a significantly increased trading volume of 20.31 million shares. Sensetime Group (00020.HK) reached 0.89 HKD (just above the 10-day moving average), and is now trading at 0.87 HKD, up by 3.6%. Kingsoft Cloud (03896.HK) rebounded by 1.5%, with its stock price reaching 1.43 HKD. However, industry leader Baidu-SW (09888.HK) fluctuated and fell by 0.3% to 96.8 HKD. After earning more than 2.9 times last year, Sensetime Group Technology (09911.HK) surged by 45% yesterday and further rose to 2.75 HKD this morning, hitting a near five-month high before reversing course to fall by 7% to 2.37 HKD. Cloud Walk Technology (02131.HK) rose by 0.5 HKD yesterday but is now trading at 0.455 HKD, down by 5.2%. Feitian Cloud Dynamics (06610.HK) opened high at 0.52 HKD but lacked follow-through, dropping to 0.465 HKD before rebounding to 0.485 HKD, a 2% decrease. (sz/u)