ChinaAMC Hang Seng Internet Technology Industry ETF(QDII)

Meituan Drones Expected to Scale Profitably in 2-3 Years, Night Peak Orders Hit 423

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JD.com Announces 618 Sale Launch and AI Digital Human Gala

Xiaomi-W Repurchased 3.32 Million Shares Yesterday Worth Nearly 100 Million HKD

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Alibaba Cloud Announces Full Openness of Bailian Platform, Integrating Multiple Large Models Including GLM-5.1

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Xiaomi-controlled company fined 1.67 million yuan for anti-money laundering violations

0HSCI

STECH

00HSI

159740

513180

03033

513330

On April 15th, the Hong Kong stock market's technology sector rebounded, with the Hang Seng TECH Index rising by 1.95% and the Hang Seng Internet ETF ChinaAMC (513330) increasing by over 2.77%. Individual stocks such as JD.com, Baidu, and Alibaba performed strongly. Since the beginning of the year, the Hang Seng TECH Index has diverged from the Hang Seng Index, with a maximum drawdown of 15%. As market sentiment improves, it is expected that the divergence between the two will converge. ChinaAMC believes that early April may mark the moment when the negative factors for Hong Kong's technology stocks have been fully priced in, and there is room for index valuation recovery

腾讯新闻 - 财经

Hang Seng Composite Index

Hang Seng TECH Index

Hang Seng Index

Dacheng Hang Seng Technology ETF(QDII)

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

HSTECH ETF

GX HS TECH

ChinaAMC Hang Seng Technology ETF(QDII)

ISHARESHSTECH

CSOP HS TECH

CAM HS TECH

Tianhong Hang Seng TECH ETF(QDII)

JD-SW

JD.com

BIDU-SW

BABA-W

Baidu

Alibaba

The Hang Seng Technology and Hang Seng Internet indices opened high and rose further, and the divergence between the Hong Kong stock internet sector and the Hang Seng Index is expected to converge

On April 10th, Alibaba's stock price rose over 2% due to positive news about AI, and the Hang Seng Internet ETF ChinaAMC (513330) also experienced a volatile rebound. Alibaba's upcoming AI video large model HappyHorse performed excellently in industry evaluations, leading its competitors. Tencent is also accelerating its AI layout, developing an AIGC content platform called "DreamNow," and plans to release Hunyuan 3.0 this month. Investors can diversify their holdings through the Hang Seng Internet ETF ChinaAMC, which includes major internet giants like Alibaba and Tencent

TENCENT

Tencent Holdings Limited

Tencent

Alibaba and Tencent are competing to lay out AI video! Alibaba's stock price rebounds, and the Hang Seng Internet ETF ChinaAMC (513330) fluctuates upward

KWEB

CWEB

513040

KBAB

513770

On April 8th, influenced by the positive news of a ceasefire from external factors, the Hong Kong stock market's internet sector rebounded after two weeks of extreme pessimism. Tencent, Alibaba, and Xiaomi all saw their stock prices rise by over 3%, while Meituan increased by over 6%. Huatai Securities pointed out that the sentiment index for Hong Kong stocks remains in the panic zone before the holiday, but there are signs of market sentiment recovery. Investors may pay attention to the Hang Seng Internet ETF from ChinaAMC, which covers several leading internet companies and is suitable for dollar-cost averaging during dips

Krne Csi China Internet

Direxion CSI China Internet Index Bull 2X

E Fund CSI HK Connect Internet ETF

KraneShares 2x Long BABA Daily ETF

Hwabao CSI HK Equities Internet ETF

XIAOMI-W

MEITUAN

Xiaomi Corporation

Meituan

Tencent, Alibaba, Xiaomi, and Meituan surge together! Hong Kong stocks in the internet sector welcome a recovery after two weeks of extreme pessimism

01024

520670

512380

Kuaishou Earnings Call: AI Bets Drive Next Phase

Tip Ranks

KUAISHOU-W

Harvest Hang Seng SCHK Technology ETF

Yinhua MSCI China A ETF

Kuaishou Earnings Call: AI Bets Drive Next Phase

Daiwa Research has lowered KUAISHOU's target price to 63 yuan due to pressure on traditional business and increased AI investments. Revenue growth for 2026 is revised down from 8% to 4%, and adjusted net profit forecasts are reduced from 25 billion yuan to 17 billion yuan. Despite the challenging outlook, AI remains a key factor, maintaining a "Buy" rating. Earnings per share forecast is lowered by approximately 30% to 31%

AASTOCKS

Daiwa downgraded KUAISHOU's target price to 63 yuan as traditional business faces pressure and AI investment increases

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159805

Shares of Kuaishou fell over 13% to HK$45.96 despite reporting strong Q4 revenue growth of 12% year-on-year, raising concerns about its advertising and live-streaming businesses. Analysts predict a slowdown in revenue growth due to heavy AI investments and rising e-commerce subsidies. Huatai Securities forecasts Kuaishou's 2026 revenue growth at 4.5%. The company plans to increase capital expenditure to 26 billion yuan this year to support AI projects, with CEO Cheng Yixiao expecting revenue from Kling AI to double.

SCMP

AXA SPDB CSI Hugangshen Game and Culture Media ETF

Penghua CSI Media ETF

China’s Kuaishou slumps as analysts flag growth pressure despite strong results

Futu lowered Kuaishou's target price to 82 yuan, maintaining a "Buy" rating. The report pointed out that Kuaishou's total revenue and Non-IFRS net profit in the fourth quarter financial report met expectations. Although optimistic about its prospects, expecting revenue to achieve triple-digit growth by 2026, the forecast for 2026 live streaming revenue was lowered due to ecosystem optimization

Credit Suisse lowers KUAISHOU's target price to 82 yuan, maintains "Buy" rating

159621

Keling AI's monetization enters the fast lane

- Sora, a key player in AI video generation, announced its exit from the market, highlighting challenges in the industry even for leading companies like OpenAI.  
- Kuaishou Technology reported revenue growth of 11.8% in Q4 2025, driven by AI investments and consistent profitability, while its AI video platform, Keling AI, generated revenue of 3.4 billion RMB in Q4.  
- As competition intensifies, Kuaishou aims to leverage its technology for growth, with expectations for Keling AI to double its revenue in 2026 amid projected market expansion to $29 billion by 2030.

Wallstreetcn

Guotai MSCI China A ESG General ETF

Facing the Seedance2.0 Challenge? Kuaishou's Keling Aims to Double Revenue Within the Year

Hong Kong stocks "three giants of food delivery" Meituan, Alibaba, and JD collectively surged, rising nearly 16%, over 6%, and over 5% respectively. The State Administration for Market Regulation reprinted an article titled "The Takeaway War Should End," signaling a crackdown on "involution-style competition," which may terminate the food delivery subsidy war. The Hang Seng Internet ETF, which includes these companies, also rose over 3%. This index covers a broader range and reflects the technological value of internet giants transforming into AI

- The Hong Kong stock market saw significant gains among major delivery platforms on Wednesday, with Meituan-W rising nearly 16%.  
- Regulatory signals indicate a potential end to the ongoing subsidy war in food delivery, emphasizing the need for healthy competition focused on innovation and efficiency.  
- The Hang Seng Internet ETF, which tracks major tech firms, has been affected by these dynamics while investors note that leading companies in the sector still have undervalued technological potential.

KraneShares 2x Long JD Daily ETF

Global X E-commerce ETF

JD HEALTH

JD LOGISTICS

Hong Kong stocks "three giants of food delivery" collectively surged! Regulatory authorities send a "anti-involution" signal

ChinaAMC Hang Seng Internet Technology Industry ETF(QDII)(513330.SH)

The Hang Seng Technology and Hang Seng Internet indices opened high and rose further, and the divergence between the Hong Kong stock internet sector and the Hang Seng Index is expected to converge

Alibaba and Tencent are competing to lay out AI video! Alibaba's stock price rebounds, and the Hang Seng Internet ETF ChinaAMC (513330) fluctuates upward

Tencent, Alibaba, Xiaomi, and Meituan surge together! Hong Kong stocks in the internet sector welcome a recovery after two weeks of extreme pessimism

Kuaishou Earnings Call: AI Bets Drive Next Phase

Daiwa downgraded KUAISHOU's target price to 63 yuan as traditional business faces pressure and AI investment increases

China’s Kuaishou slumps as analysts flag growth pressure despite strong results

Credit Suisse lowers KUAISHOU's target price to 82 yuan, maintains "Buy" rating

Facing the Seedance2.0 Challenge? Kuaishou's Keling Aims to Double Revenue Within the Year

Hong Kong stocks "three giants of food delivery" collectively surged! Regulatory authorities send a "anti-involution" signal