--- title: "Hong Kong stocks fell back again" type: "News" locale: "en" url: "https://longbridge.com/en/news/276726802.md" description: "Hong Kong stocks fell again, mainly influenced by US stocks. The market is in a panic over the potential impact of AI, especially its application in cost reduction. Although the rental prices of old GPUs have risen, indicating that the return on investment for certain users remains viable, the film and television industry is facing challenges with poor box office performance. The defensive sectors in US stocks performed strongly, while Hong Kong stocks were dragged down by real estate, insurance, and banking stocks. In the short term, hardware stocks may also be affected" datetime: "2026-02-24T11:43:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276726802.md) - [en](https://longbridge.com/en/news/276726802.md) - [zh-HK](https://longbridge.com/zh-HK/news/276726802.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/276726802.md) | [繁體中文](https://longbridge.com/zh-HK/news/276726802.md) # Hong Kong stocks fell back again Indeed, the sustainability of Hong Kong stocks ultimately depends on U.S. stocks. Yesterday, an analytical piece once again made U.S. stocks fear the disruptive impact of AI, and tonight Claude will release new products. The stronger AI becomes, the more the economy collapses; this speculation is currently uncertain. The market fears this because AI is primarily moving towards cost reduction. However, from another perspective, the rental prices of old GPUs are also rising, indicating that for some users, ROI can be calculated. More intuitively, with the emergence of seedance, content creation is becoming more diversified and personalized, which indirectly broadens the income side. In fact, this is not favorable for the film and television industry. Today, in addition to poor box office performance, the long-term logic is also not optimistic, so the decline is not unwarranted. Of course, even if AI is not a winner-takes-all scenario, how the profit pool is redistributed is a major issue. Nevertheless, no government will allow such a significant matter to happen easily. Although the domestic ecosystem and data are more closed, making that speculation harder to realize, the Hang Seng Index has to face ByteDance. Currently, apart from clustering around hardware, there are not many good opportunities. Recently, the U.S. stocks that have risen are mainly in gold, commodities, energy, consumer goods, and utilities, primarily as a hedge against geopolitical risks, and later as safe-haven sectors. This is reflected in Hong Kong stocks through real estate, insurance, and bank stocks. The performance of the seven giants in the U.S. stock market is also weak, and with the software sector continuing to decline, it may trigger a chain reaction, and short-term hardware stocks cannot escape either ### Related Stocks - [NASDAQ 100 Technology Sector Market-Cap Weighted Index (.NDXTMC.US)](https://longbridge.com/en/quote/.NDXTMC.US.md) - [Hang Seng TECH Index (STECH.HK)](https://longbridge.com/en/quote/STECH.HK.md) - [Tianhong Hang Seng TECH ETF(QDII) (520920.CN)](https://longbridge.com/en/quote/520920.CN.md) - [China Southern Hang Seng ETF (513600.CN)](https://longbridge.com/en/quote/513600.CN.md) - [ISHARESHSI (03115.HK)](https://longbridge.com/en/quote/03115.HK.md) - [GF CSI HK Innovative Drugs Industry ETF(QDII) (513120.CN)](https://longbridge.com/en/quote/513120.CN.md) - [FI2 CSOP HSI (07500.HK)](https://longbridge.com/en/quote/07500.HK.md) - [Dacheng Hang Seng Technology ETF(QDII) (159740.CN)](https://longbridge.com/en/quote/159740.CN.md) - [ChinaAMC Hang Seng ETF (159920.CN)](https://longbridge.com/en/quote/159920.CN.md) - [ChinaAMC Hang Seng Technology ETF(QDII) (513180.CN)](https://longbridge.com/en/quote/513180.CN.md) - [FI CSOP HSI (07300.HK)](https://longbridge.com/en/quote/07300.HK.md) - [ISHARESHSI-R (83115.HK)](https://longbridge.com/en/quote/83115.HK.md) - [Hang Seng TECH ETF I (159742.CN)](https://longbridge.com/en/quote/159742.CN.md) - [TRACKER FUND (02800.HK)](https://longbridge.com/en/quote/02800.HK.md) - [Huatai-PB CSOP Hang Seng Technology ETF(QDII) (513130.CN)](https://longbridge.com/en/quote/513130.CN.md) ## Related News & Research - [Taiwan central bank raises growth outlook, sees war impact on inflation](https://longbridge.com/en/news/279756392.md) - [07:30 ETEarendil Labs Announces $787 Million in Financing to Scale AI-Driven Biologics Discovery and Development](https://longbridge.com/en/news/279934847.md) - [SFC prepares to inspect Hong Kong IPO listing sponsors amid quality concerns](https://longbridge.com/en/news/279863948.md) - [CStone to Showcase Three ADC Pipeline Programs at 2026 AACR Meeting](https://longbridge.com/en/news/279530416.md) - [CSPC Pharma Gets China Nod for Obesity Drug Trial](https://longbridge.com/en/news/279944953.md)