Since August, the AI sector of Hong Kong stocks has ushered in a clear round of valuation reshaping the market. As a number of big AI model companies are successively included in the Hong Kong Stock Exchange, the southbound capital allocation channel for China's AI core assets has been further opened. According to Wind data, since June 26, the Hang Seng Technology Index has increased by 9.50% cumulatively. Analysts believe that the superposition of multiple signals, such as the expansion of the Hong Kong Stock Connect capital channel and the release of price increase signals, indicates that the domestic AI model is moving from extensive competition to grab shares at low prices to a new stage of value monetization, and that the valuation logic of the Hong Kong Stock AI sector is undergoing systematic reshaping.

Since August, the AI sector of Hong Kong stocks has ushered in a clear round of valuation reshaping the market. As a number of big AI model companies are successively included in the Hong Kong Stock Exchange, the southbound capital allocation channel for China's AI core assets has been further opened. According to Wind data, since June 26, the Hang Seng Technology Index has increased by 9.50% cumulatively. Analysts believe that the superposition of multiple signals, such as the expansion of the Hong Kong Stock Connect capital channel and the release of price increase signals, indicates that the domestic AI model is moving from extensive competition to grab shares at low prices to a new stage of value monetization, and that the valuation logic of the Hong Kong Stock AI sector is undergoing systematic reshaping.