The three major telecom operators jointly launched the Token package, with the ChiNext ETF Huaxia (562570) surging over 2.7%, and the Communications ETF Huaxia (515050) attracting more than 800 million yuan in inflows over the past 20 days.

Gelonghui, May 18th | Today, the AI hardware sector continued its strong upward trend. Xinwei Communication surged over 14%, while Biwin Storage rose more than 10%. Zhongke曙光 and Orient国信 increased by 6% and 5%, respectively, driving the Innovation ETF Huaxia (562570) up by 2.74%. The Communication ETF Huaxia (515050) also rose by 2.71%, accumulating a year-to-date increase of 50% and an inflow of 8.47 billion yuan over the past 20 trading days. The commercialization of Token and the resonance with AI capital expenditures drove the sector upwards: first, significant breakthroughs were achieved in the commercialization process of computing power. On May 17th, China Telecom launched a series.

Gelonghui Finance10:56

AI concept stocks in the Hong Kong stock market performed strongly, with Alibaba's share price surging after its earnings release. 'Not a single card is empty!' Major tech companies are further accelerating their AI capital expenditures. Tencent and Aliba

①Tencent's capital expenditure in the first quarter was RMB 31.94 billion, a year-on-year increase of 16%; ②Wu Yongming stated that Alibaba’s substantial investment in AI data centers has a very certain return on investment; ③Huaxi Securities pointed out that the market pricing focus has shifted from单纯的capital expenditure expansion to a phase where order certainty, profit realization, cash flow pressure, and return on investment are becoming more sensitive factors.

cls.cnMay 14 09:19

Kingsoft Schedules Board Meeting to Approve First-Quarter 2026 Results

TipRanksMay 11 16:42

KINGSOFT: NOTIFICATION OF BOARD MEETING

HKEXMay 11 16:33 · Announcements

Report: ByteDance plans to increase AI infrastructure spending by 25%.

Splashing over 200 billion yuan! ByteDance significantly increases its AI budget, doubling down on domestic chips and global infrastructure. Although the scale of investment still lags behind U.S. tech giants, China's AI sector is making strong headway within a unique collaborative ecosystem, with its robust catching-up momentum already causing deep concerns among Silicon Valley experts.

wallstreetcnMay 9 19:35

Express News | DeepSeek plans to raise up to 50 billion yuan and aims to launch the V4 model update in June.

BreakingsMay 8 19:45