<p>U.S. President Donald Trump hinted that the war with Iran may soon come to an end, and the G7 group's emergency meeting indicated that strategic oil reserves may be released if necessary. Oil prices quickly fell back to the range of $86 to $90, a drop of over 8%. U.S. stocks opened lower but closed higher the previous night, and Asian stock markets rebounded on Tuesday, following the trend of U.S. stocks. The Hong Kong stock market also opened high and continued to rise. Additionally, under the &#34;AI Lobster Wave,&#34; AI application stocks were once again heatedly traded by the market. The Hang Seng Index closed at its highest point of the day, finishing at 25,959 points, up 551 points, fully recovering the 348-point loss from earlier in the week. The market turnover fell to HKD 330.9 billion, but northbound capital turned to outflow of HKD 17.952 billion after a day.</p>
<p>The Hang Seng Index opened 332 points higher this morning, with the early gains narrowing to 203 points. However, as the gains in AI application stocks expanded, the Hang Seng Index continued to rise, closing at 25,959 points, up 551 points or 2.17%; the National Index closed at 8,710 points, up 128 points or 1.5%; the Science and Technology Index outperformed the market, returning to the 5,000-point mark, closing at 5,060 points, up 118 points or 2.4%.</p>
<h2>MINIMAX Hits New High, Zhihui Rises Nearly 13%</h2>
<p>Mainland China has sparked an &#34;AI Lobster (OpenClaw) Wave,&#34; with OpenClaw concept stocks continuing to strengthen. MINIMAX (100) recently announced the launch of new &#34;lobster&#34; skills, including a new Voice Maker voice model and Music Maker music model. The stock surged 22.4%, closing at HKD 1,220, breaking through the HKD 1,000 mark and setting a new high since its listing. Its peer Zhihui (2513) also officially launched AutoClaw (Aolong), allowing users to deploy &#34;lobster&#34; with one click on local computers. Zhihui rose 12.9%, closing at HKD 649. Major stock Tencent (700) also officially launched its all-scenario AI intelligent entity WorkBuddy. It is fully compatible with OpenClaw's skills, and Tencent rose 7.3%, closing at HKD 553.5, contributing over 150 points to the market. Additionally, XunCe (3317) rose 32.9%, closing at HKD 153.9.</p>
<p>Other AI application stocks also rose. Alibaba (9988) gained 3.7%, closing at HKD 133.5; KUAISHOU-W (1024) rose 1.4%, closing at HKD 61.4; SenseTime (020) increased by 2.2%, closing at HKD 2.35.</p>
<h2>Optical Communication Stocks Heat Up, Changfei Fiber Rises Over 24%</h2>
<p>With the global fiber optic communication conference approaching, optical communication concept stocks are being heatedly traded. Changfei Fiber (6869) surged 24.3%, closing at HKD 176.8; Cambridge Technology (6166) rose 12.7%, closing at HKD 82.35; Huiju Technology (1729) increased by 9.4%, closing at HKD 16.78; FIT HON (6088) rose 7.1%, closing at HKD 5.74</p>
<h2>Oil stocks weaken, Shandong Molong drops 13%</h2>
<p>Oil prices have sharply retreated, and most of the previously hot oil and oil service stocks have weakened and corrected against the market. PetroChina (857) fell 3.6%, closing at HKD 10.26, making it the worst-performing blue chip; CNOOC (883) declined 1.6%, closing at HKD 27.06; China National Petroleum (632) plummeted 12.5%, closing at HKD 0.455; Shandong Molong (568) dropped 13.1%, closing at HKD 9.02.</p>
<p>In terms of individual stocks, CATL (3750) reported a net profit increase of over 40% year-on-year to RMB 72.2 billion last year, exceeding expectations, with its stock price soaring 9.3% to close at HKD 550, making it the best-performing blue chip; Kintor Pharmaceutical (9926) has entered clinical trials with its first-in-class tri-specific antibody drug AK150. Its stock price rose 10.9%, closing at HKD 115; Wharf Real Estate Investment (1997) reported a basic net profit of HKD 6.456 billion last year, a year-on-year increase of 5%, but its stock price still fell 0.2%, closing at HKD 26.84.</p>
<h2>Liang Jiewen: High chance for Hang Seng Index to break 26,000</h2>
<p>Liang Jiewen, an investment manager at Hong Kong High Investment, stated that the market is optimistic that the Middle East conflict is about to end or be controlled, and funds are starting to flow back into high-risk assets, shifting from oil stocks to those that had previously fallen due to the conflict, allowing related stocks to regain upward momentum. As a result, the Hong Kong stock market rebounded by over 500 points on Tuesday. He continued to point out that the Hong Kong stock market closed at its highest point of the day, with total market turnover reaching HKD 300 billion. Additionally, the rapid rise of AI stocks has reversed the market's pessimistic sentiment towards Chinese technology stocks. He expects the upward trend in Hong Kong stocks to continue in the short term, with a high chance for the Hang Seng Index to break through 26,000. If the situation in the Middle East is controlled and international oil prices fall, the Hang Seng Index is expected to challenge 28,000 in the first half of the year.</p>
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<p>1215: The Hang Seng Index opened 331 points higher this morning, opening at 25,740 points, with the mid-session increase narrowing to 25,611 points, before rising sharply again, closing at 25,804 points, up 396 points or 1.56%, with half-day turnover of HKD 172 billion. In terms of the Tech Index, it closed at 5,010 points, up 69 points or 1.4%.</p>
<p>In terms of blue chip stocks, CATL (3750) rose 8.8% in the half-day, making it the best-performing blue chip; the company reported a year-on-year revenue increase of 17% to RMB 423.7 billion, with net profit also increasing by over 42% to RMB 72.2 billion. Additionally, Tencent (700) launched the all-scenario AI smart body WorkBuddy, which is seen as Tencent's version of the currently popular &#34;Little Lobster&#34; OpenClaw, closing at HKD 545.5, up over 5.7%.</p>
<p>However, other tech stocks showed mixed performance, with Alibaba (9988) up 3.03% in the half-day; JD.com (9618) up 2.3%; Baidu (9888) up 1.9%; while Meituan (3690) fell 0.6%; Xiaomi (1810) also fell 1%.</p>
<h2>Storage concept stocks rise, Lanqi up 7%</h2>
<p>On the other hand, global analog chip giant Texas Instruments is expected to initiate a second round of comprehensive price increases starting April 1, with an increase of 15% to 85%, stimulating a collective rise in storage concept stocks. Among them, Lanqi Technology (6809) rose 6.9% to HKD 177.4; Zhaoyi Innovation (3986) rose 2.6%; at the same time, ETFs linked to South Korean chip leaders also rose, with the double long position on SK Hynix (7709) rising nearly 15%, and the double long position on Samsung Electronics (7747) rising nearly 11%.</p>
<h2>AI Application Stocks Strengthen MINIMAX Rises Over 9%</h2>
<p>In terms of AI application stocks, MINIMAX (100) recently announced the launch of a new skill called &#34;Lobster,&#34; which includes a new Voice Maker voice model and Music Maker music model; at the same time, JPMorgan indicated that its commercialization momentum far exceeds expectations, with annual recurring revenue (ARR) skyrocketing from USD 100 million to USD 150 million in just two months, stimulating the stock price to rise over 15% at one point, reaching a high of HKD 1148, setting a new record since its listing, and closing at HKD 1092, up 9.5%; peer Zhitu (2513) officially launched AutoClaw, allowing users to download and install it to deploy &#34;Lobster&#34; on their local computers with one click. Benefiting from this news, it closed up 6.9% to HKD 614.5.</p>
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<p>0930: U.S. President Trump stated at a press conference that the U.S. military actions against Iran would &#34;end soon,&#34; causing international oil prices to sharply retreat after reaching nearly USD 120 yesterday, with Brent crude oil futures temporarily falling over 9% to USD 90; WTI crude oil also fell nearly 9% to USD 86.5.</p>
<h2>U.S. Stocks Rebound Across the Board, Korean Stocks Rise Nearly 6%</h2>
<p>The three major U.S. stock indices rebounded across the board on Monday, with the Dow Jones closing up 239 points or 0.5% at 47740 points; the S&amp;P 500 index rose 55 points or 0.83% to 6795 points; the Nasdaq also rose 308 points or 1.38% to 22695 points. As for the Golden Dragon Index, which reflects the performance of Chinese concept stocks, it rose 1.76% to 7083 points on Monday.</p>
<p>Asia-Pacific stock markets generally rebounded this morning, with the Nikkei 225 index rising 2.9% to 54258 points after a 5.2% drop yesterday; the Korean Composite Index rose 5.8% to 5559 points after a 5.96% drop yesterday. In Hong Kong, the Hang Seng Index opened this morning at HKD 25740, up 331 points or 1.31%.</p>
<h2>Zhitu Launches Local Version of OpenClaw</h2>
<p>The mainland has sparked an &#34;AI Lobster craze,&#34; with tech stocks generally rising at the opening. Tencent (700) rose 1.7%; Alibaba rose 1.8%; Meituan (3690) rose 1.65%; JD.com (9618) rose 2%; and Xiaomi (1810) also rose 2.6%. Notably, Zhitu (2513) officially launched AutoClaw today, the first local version of OpenClaw with &#34;one-click installation&#34; in the mainland; the stock opened at HKD 648, soaring 12.7%
The industry MINIMAX opened at HKD 1,046, up 4.9%.</p>
<h2>Oil stocks decline, Shandong Molong drops 15%</h2>
<p>In contrast, oil stocks fell across the board, with CNOOC (883) opening down 4.6%; PetroChina (857) down 3.8%; and China National Petroleum (632) down over 14%. Oil service stocks saw even larger declines, with Shandong Molong (568) down 15% and Baqian Oil Services (2178) down 14.7%.</p>
<h2>CATL's net profit increased by over 42% year-on-year</h2>
<p>In individual stock news, CATL (3750) achieved lithium-ion battery sales of 661 GWh last year, a year-on-year increase of 39.16%; net profit increased by 42.28% year-on-year to RMB 72.2 billion; and net cash flow from operating activities increased by 37.35% to RMB 133.2 billion. Additionally, in the power battery sector, its global market share has reached a historic high, and its energy storage battery shipments have ranked first in the world for five consecutive years. The stock opened at HKD 533, up 6%.</p>
<h2>Black Sesame Intelligence introduces Infinity Capital</h2>
<p>Furthermore, Black Sesame Intelligence (2533) placed approximately 33.54 million shares to Infinity Capital Management's Infini Global Master Fund, raising about HKD 633 million, equivalent to 4.75% of the expanded issued share capital, with a placement price of HKD 18.88 per share, a discount of 2% compared to the previous day's closing price. The stock opened at HKD 19.38, up 0.5%.</p>
<p>Regarding the northbound capital flow, there was a net purchase of HKD 37.213 billion in Hong Kong stocks yesterday, with the Tracker Fund of Hong Kong (2800), Hang Seng China Enterprises (2828), and Southern Hang Seng Technology (3033) receiving net purchases of HKD 12.567 billion, HKD 5.324 billion, and HKD 4.13 billion, respectively; while Sinopec (386) and Chengdu Xinguang (6869) saw net sales of HKD 649 million and HKD 295 million, respectively</p>

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<p>The Hang Seng Index closed at a high for the day, ending at 25,959 points, up 551 points, benefiting from the AI lobster boom and a 7.3% rise in Tencent's stock price. The rebound in U.S. stocks drove Hong Kong stocks to open higher and continue to rise, with trading volume falling to HKD 330.9 billion. MINIMAX and Zhipu, among other AI concept stocks, performed strongly, rising 22.4% and 12.9% respectively. Other AI application stocks such as Alibaba and KUAISHOU also saw increases</p>

- U.S. President Trump hinted at a potential end to the conflict with Iran, while G7 meetings suggested a possible release of strategic oil reserves, causing oil prices to drop over 8% to between $86 and $90.  
- Asian markets followed the U.S. rebound, with Hong Kong's Hang Seng Index closing at 25,959 points, up 551 points, aided by a surge in AI-related stocks.  
- Despite a drop in trading volume to HK$330.9 billion, key stocks like MINIMAX and Tencent saw significant gains due to growing interest in AI applications, while oil-related shares experienced declines.

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The Hang Seng Index closed at a daily high, rising by 551 points. Tencent benefited from the lobster tide, increasing by 7%. Analysts expect the upward trend to continue. | Hong Kong Stock Market Closing