On February 21st, Friday, AH shares rose, with the Hang Seng Index up nearly 3%.
As of the time of publication, the Shanghai Composite Index rose by 0.06%, the Shenzhen Component Index rose by 0.53%, and the ChiNext Index rose by 0.56%.
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As of the time of publication, the Hang Seng Index rose by 2.04%, and the Hang Seng Tech Index rose by 2.94%.
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【9:36】
Government bond futures opened, with the 30-year main contract down by 0.34%, the 10-year main contract down by 0.02%, the 5-year main contract up by 0.03%, and the 2-year main contract up by 0.05%.
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<h2>A-shares related to Alibaba Cloud opened sharply higher</h2>
Zhongheng Electric, Zhejiang University Network New, Data Port, and Runjian Co., Ltd. hit the daily limit, AoFei Data rose over 10%, and YiMiKang, Ruijie Networks, and Yakang Co., Ltd. also followed suit.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3ddb2ea0-6346-4e6d-adaa-bbb964fd548f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/3ddb2ea0-6346-4e6d-adaa-bbb964fd548f.png"/>
<h2>Hong Kong stocks Alibaba rose over 9%</h2>
Alibaba announced financial results that exceeded expectations, with net profit increasing by 333% year-on-year. Alibaba CEO Eddie Wu stated that in the next three years, Alibaba will increase investment in three areas: AI and cloud computing infrastructure, AI foundational model platforms and AI-native applications, and AI transformation of existing businesses, with expected investment exceeding the total of the past ten years.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0e9c8a69-e8b4-49f9-851f-3c93527c3a10.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/0e9c8a69-e8b4-49f9-851f-3c93527c3a10.png"/>

Alibaba  earnings 

BABA

09988

A-share Alibaba Cloud concept stocks opened sharply higher, with Zhongheng Electric, Zhejiang University Network New, Data Port, and Runjian Co., Ltd. hitting the daily limit, Aofei Data rising over 10%, and Yimikang, Ruijie Networks, and Yakang Co., Ltd. also following suit

- On February 21, AH shares rose, with the Hang Seng Index increasing by nearly 3%.  
- The Shanghai Composite Index rose by 0.06%, while the Shenzhen Component and ChiNext Index increased by 0.53% and 0.56%, respectively.  
- Alibaba's stock surged over 9% after reporting a net profit growth of 333%, with plans for significant investments in AI and cloud computing over the next three years.

Wallstreetcn

Alibaba

BABA-W

HSTECH ETF

CSOP HS TECH

SSE Index

ChiNext

RJWL

INSIGMA

AtHub

RJGF

GUANGDONG AOFEI DATA TECHNOLOGY

Asiacom

Hang Seng Index

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ISHARESHSI

Hang Seng TECH Index

Shenzhen Index

ZHONHEN

AH shares rose, with the Hang Seng Tech Index up nearly 3%, and Alibaba surged over 9%, driving computing power to take off