Hong Kong Stock Concept Tracking | The Cybersecurity Law has been amended, concerning the development of artificial intelligence. These sub-sectors are receiving attention (with related concept stocks)

According to the Zhitong Finance APP, the artificial intelligence sector is once again receiving a catalyst. The 18th meeting of the Standing Committee of the 14th National People's Congress voted on October 28 to pass the decision to amend the Cybersecurity Law, which will take effect on January 1, 2026. In response to the need for governance and promotion of artificial intelligence, the amended Cybersecurity Law stipulates that the state supports fundamental theoretical research and key technology research and development such as algorithms in artificial intelligence, promotes the construction of infrastructure such as training data resources and computing power, improves ethical norms for artificial intelligence, strengthens risk monitoring and assessment, and safety supervision, and promotes the application and healthy development of artificial intelligence. Professor Hong Yanqing from the Law School of Beijing Institute of Technology believes that this will shift artificial intelligence governance from partial regulation to systematic regulation.

A report from the information technology consulting company Gartner shows that China's cybersecurity focus is gradually shifting towards ensuring the safety of artificial intelligence, achieving business transformation, and enhancing the resilience of enterprises and institutions. Industry experts believe that while the application of AI technology brings new security risks, it also presents opportunities for the cybersecurity industry to improve efficiency and enhance product capabilities.

Several listed cybersecurity companies are actively investing in AI technology research and development. SANGFOR stated on its investor interaction platform that it continues to integrate artificial intelligence technology and capabilities into various products and services in cybersecurity and cloud computing. As of now, it has applied large model technology to cybersecurity products, forming security GPT, AI firewalls with integrated AI capabilities, and other security products, and plans to continue increasing investment in AI technology research and development in the future.

Topsec stated that the company has already laid out and invested in new directions such as AI + security and intelligent computing cloud, and has currently formed a full-stack security product system and comprehensive solutions for intelligent computing cloud, achieving large-scale applications in multiple industries. In the future, it will focus on promoting the deep integration of cybersecurity, intelligent computing cloud products, and emerging scenarios such as artificial intelligence.

ANT GROUP also recently launched innovative products and solutions that integrate cybersecurity and AI technology. Among them, the trusted connection technology framework gPass for smart glasses has collaborated with smart glasses brands such as Rokid, Xiaomi, Quark, and Thunderbird, and has first landed in the "Look at Payment" scenario. In terms of large model security, ANT GROUP showcased multiple solutions including AIGC abuse detection and deep forgery defense.

In addition, Qimingxing stated that its developed Anxing intelligent body has been applied in security operations, threat detection, data security, and other products or services, significantly enhancing product capabilities and service efficiency. AsiaInfo Security stated that in the first half of the year, the company's AI large model application and delivery business achieved significant growth, and in the future, the company will continue to focus on AI large model application and delivery, 5G private networks and applications, and intelligent operations as three major growth engines, accelerating the signing pace.

Furthermore, in terms of catalyzing the artificial intelligence industry, the 10th China International Artificial Intelligence Conference and Computing Power Algorithm Summit 2025 will be held in Shanghai on October 28-29, with a "New Products/New Technology Achievements Exhibition Area for Artificial Intelligence" set up on-site to showcase related technology products covering the AI foundational layer, AI technology layer, and AI application layer Market analysts have pointed out that as the position of the artificial intelligence industry deepens in global technological competition, investments in mid-to-upstream infrastructure and downstream applications for artificial intelligence are expected to show a trend of expansion in the coming years. Against the backdrop of rapid advancement in AI infrastructure and continuous implementation of AI applications, it is advisable to pay attention to domestic computing power, AI chips, AI agents, and other sub-sectors when prices are low.

Dongxing Securities believes that the artificial intelligence industry is currently in a stage of three-dimensional resonance of policy, technology, and demand. Coupled with the top-down policy empowerment and potential funding support brought by the "AI +" initiative, domestic chip and cloud computing leaders are gradually validating their performance, while major companies' capital expenditures continue to boost the certainty of industry development. The prosperity of the artificial intelligence industry still has upward potential, and its mainline position in the field of technology investment is difficult to shake.

Bank of China International points out that the continuous validation of the prosperity of the industrial chain and the strengthening of policy catalysis expectations suggest that the technology mainline is likely to return. AI infrastructure catalyzes a "super cycle" in storage; since October, storage chip prices have accelerated their rise. Domestic computing power manufacturers have successively released their third-quarter reports, and the prosperity of the domestic computing power industrial chain continues to be validated. The AI industrial chain, especially domestic computing power, is an important part of China's advanced manufacturing industry and represents the intelligent industry. Under the continuous validation of the industrial chain's prosperity and the strengthening of policy catalysis expectations, allocation can gradually return to the technology mainline, particularly in the fields of domestic computing power and domestic storage chips.

Artificial intelligence-related concept stocks:

Baidu Group-SW (09888): According to public information, Baidu began research and development of large model technology at the end of 2018, officially released the Wenxin large model 1.0 in March 2019, and launched the multimodal large model Wenxin 4.5 Turbo and the deep thinking model Wenxin X1 Turbo in April this year. In September, X1 Turbo was upgraded to Wenxin X1.1.

Alibaba-SW (09988): According to reports, at the 2025 Hangzhou Cloud Summit held on September 24, Eddie Wu, CEO and Director of Alibaba Group, stated in his speech that the company is actively promoting a three-year AI infrastructure construction plan worth 380 billion and will continue to increase investment. He mentioned that the speed of AI industry development and the industry's demand for AI infrastructure far exceed expectations. To welcome the arrival of the ASI era, compared to 2022, the energy consumption scale of Alibaba Cloud's global data centers will increase tenfold by 2032. "This is our long-term plan, and we believe that through such saturated investment, we can promote the development of the AI industry and welcome the arrival of the ASI era."

SenseTime-W (00020): Around the end of October, Credit Lyonnais released a research report stating that it expects SenseTime-W (00020) to benefit from the growth of generative AI revenue and a decrease in operating expenses driven by business restructuring, raising the target price from HKD 1.85 to HKD 3, maintaining an "outperform the market" rating. The report indicates that SenseTime has established a strategic partnership with Cambricon-U (688256.SH), believing that this move will help expand its artificial intelligence computing capabilities through domestic chips. SenseTime's commercialization of artificial intelligence models has also made progress in the fields of AI glasses and AI video generation tools UBTECH (09880): On October 16, UBTECH won the bid for the "Guangxi Embodied Intelligent Data Collection and Testing Center Equipment Procurement and Installation" project, with an order amount of 126 million yuan. On October 15, UBTECH announced the formal signing of a humanoid robot procurement contract with a well-known listed automotive technology company, with an order amount exceeding 32 million yuan. As of now, excluding the marathon champion-level full-size humanoid robot TianGong XingZhe jointly developed by UBTECH and Beijing Guodi for the Embodied Intelligent Innovation Center, the UBTECH Walker series humanoid robots have already received orders exceeding 630 million yuan for the entire year