UBALIBA@EC2812A(26932.HK)

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UBALIBA@EC2812A
26932.HK
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Hong Kong Stock Market Update | Hang Seng Index down 0.17%, technology sector stabilizes, Baidu leads in gains

The three major indices of the Hong Kong stock market showed mixed trends during the trading session, with the Hang Seng Index down 0.17% and the Hang Seng TECH Index up slightly by 0.23%. The hardware, storage, and peripherals sectors faced overall pressure, with Xiaomi Group down 1.01% and Lenovo Group declining by 3.50%. The internet content and information sector experienced fluctuations, with Baidu up 3.23% and Kuaishou rising 1.84%. The retail sector showed mixed performance, with Alibaba up 1.13%. Some consumer electronics and home appliance stocks experienced significant volatility, market sentiment turned cautious, highlighting structural opportunities, and investors focused on macroeconomic indicators and policy direction

Market Heartbeat·
HK
00700
-0.08%
HK
09988
+1.57%
Market Heartbeat·
HK
00700
-0.08%
HK
09988
+1.57%

"AI Entry Battle" - ByteDance has become a "forcing trend," Alibaba and Tencent "cannot afford to lose"

ByteDance is making efforts in both AI cloud infrastructure and consumer applications. ByteDance's share of AI cloud service revenue in China has approached 13%, second only to Alibaba's 23%. Meanwhile, the Douyin app has surpassed 100 million daily active users, with the highest average daily token consumption in the country. Goldman Sachs believes that 2026 is not a "model competition," but a life-and-death battle for the "default entry." Whoever secures the default entry will rewrite traffic distribution, advertising budgets, transaction loops, and even the entire internet profit pool. Moreover, ByteDance itself controls users' time, which is the fundamental reason why Tencent and Alibaba "cannot afford to lose."

Wallstreetcn·
HK
09988
+1.57%
US
BABA
-1.82%
US
TCEHY
-3.23%
Wallstreetcn·
HK
09988
+1.57%
US
BABA
-1.82%
US
TCEHY
-3.23%

Hong Kong Stock Midday Review | Hang Seng Index fluctuates slightly down, technology and hardware diverge, SKYWORTH GROUP surges 37.64%

On January 21st, during the midday session of the Hong Kong stock market, the three major indices showed mixed performance. The Hang Seng Index fell slightly by 0.15%, the Hang Seng Tech Index rose modestly by 0.14%, and the China Enterprises Index declined by 0.26%. The hardware, storage, and peripherals sectors overall dropped, with Xiaomi Group -W down 2.31% and Lenovo Group down 3.27%. The retail sector saw significant capital inflow, with Alibaba -W up 1.06% and JD.com -SW rising slightly. The internet content and information sector had mixed results, with Baidu -SW up 3.29%. Stocks such as SKYWORTH GROUP, TCL Electronics, and Fufeng Holdings showed notable gains, attracting market attention. Investors need to closely monitor the performance of core assets driven by sector rotation and earnings

Market Heartbeat·
HK
09988
+1.57%
HK
00700
-0.08%
Market Heartbeat·
HK
09988
+1.57%
HK
00700
-0.08%

China National Nuclear Power, Alibaba, and others established a nuclear energy company in Xiangshan with a registered capital of 250 million

China National Nuclear Power, Alibaba, and others have established China National Nuclear (Xiangshan) Nuclear Energy Co., Ltd. in Xiangshan, with a registered capital of 250 million RMB. The company's business scope includes power generation, transmission, supply, radiation monitoring, inspection and testing, thermal production, and supply, among others. Shareholders include China National Nuclear Zhejiang Energy, Hongrun Construction, Youngor Group, and Shanghai Yiqi Network Technology Co., Ltd. under Alibaba

Wallstreetcn·
HK
00611
0.00%
HK
09988
+1.57%
SH
561700
-1.00%
Wallstreetcn·
HK
00611
0.00%
HK
09988
+1.57%
SH
561700
-1.00%

Hong Kong stocks during the day | The three major indices fluctuated narrowly, SKYWORTH GROUP rose by 32.82%, and TCL ELECTRONICS and the engineering machinery sector attracted capital favor

The three major indices of the Hong Kong stock market strengthened collectively during the session, with the Hang Seng Index and Hang Seng TECH Index continuing to rise but not reaching new highs. Market funds flowed into the engineering machinery and internet content and information sectors, while the retail sector showed divergence. SKYWORTH GROUP surged by 32.82%, and TCL ELECTRONICS rose by 13.96%, leading the popular stocks. On the macro front, attention is focused on fluctuations in economic data, with funds favoring growth and defensive allocations. Market sentiment is warming up but still remains cautious

Market Heartbeat·
HK
09988
+1.57%
HK
00700
-0.08%
Market Heartbeat·
HK
09988
+1.57%
HK
00700
-0.08%
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Bearish in the short term with trump's tariffs and the whole Greenland saga... watching Netflix to maybe beat expectations and solidify its support line

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