The upward momentum in Hong Kong stocks shows signs of a temporary slowdown, but the likelihood of continued volatility and upward movement remains high this week.

Since March 31, the Hang Seng Index (HSI) has shown a notable upward trend. Comparing the closing levels of 24,750 points on March 30 and 26,160 points on April 17, the index has surged by over 1,400 points in less than three weeks. Furthermore, on April 16 and 17, the HSI closed above 26,000 points. As of 11:00 PM on April 17, the night futures session rose by 380 points to 26,562 points, fueling expectations for the index to stabilize above 26,000 points this week. This momentum is not difficult to comprehend. The outbreak of tensions in Iran at the end of February once weighed on global equity markets. However, last Wednesday (April 15), both the S&P 500 and Nasdaq Composite indices in the U.S. reached new all-time highs. Meanwhile, in Asia...

HK MoneyClubApr 20 13:07

Goldman Sachs has released a list of the main net purchases and net sales of Hong Kong stocks by southbound funds last week (table).

Goldman Sachs issued a report on Friday (17th) stating that southbound funds recorded a net inflow of 3.1 billion USD into Hong Kong stocks last week. The firm also listed the main Hong Kong stocks that saw net buying and net selling by southbound funds last week: 1) Main Hong Kong stocks with net buying by southbound funds last week │ Net inflow amount last week Tracker Fund of Hong Kong (02800.HK) │ 460 million USD Pop Mart (09992.HK) │ 256 million USD CNOOC (00883.HK) │ 216 million USD Hang Seng H-Share ETF (02828.HK) │ 165 million USD SMIC (00981.HK) │ 104 million USD Southern Hang Seng

AASTOCKSApr 20 11:48

Hong Kong-listed AI application stocks surged across the board, with Qunhe Technology skyrocketing. The first round of external financing by DeepSeek has sparked widespread discussion, while the upward trend in the AI application industry remains unchange

The AI application sector experienced a broad-based rally. As of the time of writing, Nuobitan (02635) surged 25%, trading at HKD 80; Zhipu (02513) rose 8.7%, trading at HKD 968.5; Maifushi (02556) gained 6.37%, trading at HKD 47.74; MINIMAX-WP (00100) increased by 3.38%, trading at HKD 888.

Zhitong FinanceApr 20 10:26

Scenario Token Reconstructs AI Value! XunCe (03317.HK) Emerges as One of the Biggest Beneficiaries in the Application Layer

Huatai Securities released a research report on April 15, 2026, pointing out that the pricing logic in the AI era revolves around Token, forming a three-tiered markup structure encompassing the computing power layer, model layer, and application layer. The AI application sector is significantly undervalued compared to the computing power and model segments. Previously, the market excessively focused on trading in the computing power and model segments. Based on this logic, the undervalued application-layer Tokens may initiate a value reassessment window. As the market-recognized "Token First Stock," XunCe (03317.HK) is poised to become one of the most certain and largest beneficiaries within the AI application layer, thanks to its scenario-based data barriers and first-mover advantage in Tokenized business models. Firstly

Gelonghui FinanceApr 20 10:15

From "Computing Power Breakthrough" to "Ecosystem Implementation": The Two Key Strengths Behind DeepSeek's Multi-Billion Financing - Huawei and XunCe

After two years, the "price butcher" of the AI industry has finally extended an olive branch to the capital markets. According to The Information and multiple media outlets, DeepSeek (Shendu Qiusuo) is initiating its first external financing since its establishment, with a target valuation of no less than 10 billion US dollars and plans to raise at least 300 million US dollars. The shock of this news lies not only in its enormous valuation but also in the fact that it breaks the long-standing myth of DeepSeek’s "self-sufficiency." In an era where peers are burning through funds and scrambling to build models with hundreds of billions of parameters, DeepSeek had previously relied on the financial backing of its parent company, Huanfang Quantitative.

Gelonghui FinanceApr 18 14:37

Liang Wenfeng reportedly secures his first-ever round of financing! Will DeepSeek V4 completely break away from NVIDIA?

This morning, the AI community was abuzz! DeepSeek, which has never sought financing before, is now aiming for a $10 billion valuation and plans to raise $300 million. The upcoming V4 model will feature trillion parameters and be powered by Huawei's Ascend chips, causing even industry veterans like Huang to feel uneasy!

wallstreetcnApr 18 10:34