Hong Kong Stock Afternoon Review|Hang Seng Index rose 2.08% in early trading, and AI applications had the highest increase

The Zhitong Finance App learned that the Hong Kong stock Hang Seng Index rose 2.08% to 524 points to 25,737 points; the Hang Seng Technology Index rose 2.51%. Hong Kong stocks traded HK$134.6 billion in early trading.

AI application stocks had the highest gains. Earnings reports that exceed expectations continue to verify the acceleration of the industry, and the new AI application policy is expected to accelerate commercialization. Minglue Technology-W (02718) rose 7%; Maifushi (02556) rose 11%; Reading Text Group (00772) rose 11.64%; and Meitu (01357) rose more than 8%.

YunZhisheng (09678) surged more than 16%, commercialization of large models accelerated across the board, and the Token business surged 760% year-on-year in the first half of the year.

Dipu Technology (01384) rose more than 8%. Revenue in the first half of the year increased 115% year on year, and the AI business accounted for nearly 80%.

MINIMAX-W (00100) rose more than 5%, and Saudi Humain used China's MiniMax to launch an Arabic AI model.

Paradigm Intelligence (06682) rose more than 13%. In the first half of the year, API business revenue increased 860% year over year, and Macquarie's initial target price was HK$59.

China's Ruyi (00136) rose more than 8%. According to reports, China's Ruyi launched three AI products in a row, opening up an AI creation link for the first time.

Pork concept stocks generally rose. Supply pressure has eased the overall recovery in prices, and institutions are optimistic that production capacity will be further accelerated. Muyuan shares (02714) rose more than 9%; COFCO Jiajiakang (01610) rose 9%; Dekang Agriculture and Animal Husbandry (02419) rose 4%.

Domestic housing stocks continued to rebound. The new deal reshapes the real estate development model, and local pilot rules are expected to be introduced within four to six weeks. Longhu Group (00960) rose 9%, leading the blue chip increase; Vanke Enterprise (02202) rose 7%; Sunac China (01918) rose more than 12%.

Most smart driving concept stocks rose. Tesla Cybercab was officially released, and domestic high-level autonomous driving is advancing rapidly. Youjiao Innovation (02431) rose 6%; Hesai-W (02525) rose 7%.

Liberal Arts Interactive (00434) rose more than 11%. Expectations of interest rate hikes cooled to boost demand for risky assets, and Bitcoin surpassed 80,000 US dollars.

The semiconductor sector fluctuated lower. Huahong Hongli (01347) fell more than 7%.