SemiAnalysis's latest interview: Storage still has room to double; CPUs are merely supporting actors; CPO implementation delayed until 2029

Founder Dylan Patel stated that Anthropic has become profitable, with annual recurring revenue (ARR) exceeding $50 billion, refuting doubts about its return on investment (ROI). On the hardware front, memory prices have already quadrupled and are expected to rise another 2–3 times; the structural shortage driven by inference models will persist for several years. Demand for CPUs largely reflects historical catch-up purchases—a short-term 'mini-cycle' rather than a long-term inflection point. Mass production of co-packaged optics (CPO) has been delayed until late 2028, unexpectedly extending the copper interconnects' window of opportunity, while power constraints are forcing data centers to adopt behind-the-meter power generation.

wallstreetcnJul 10 15:57

Fund Flows | Southbound capital adds over HK$2.8 billion to Zhipu AI, records net purchases of Alibaba for five consecutive days

Track the latest developments of southbound capital flows.

Gelonghui FinanceJul 10 19:49

Zhitong HK Connect Active Trading | July 10

Stock Connect Active Trading | July 10, 2026

Zhitong FinanceJul 10 19:00

Zhitong Hong Kong Stock Short Position Holding Statistics | July 10

WisdomTong Hong Kong Short Position Holding | July 10

Zhitong FinanceJul 10 18:30

Southbound Capital Tracker | Net purchases reached over HK$39 billion this week, marking the highest single-week level in nearly four months

① Southbound capital recorded a net inflow of over HK$39 billion this week—into which stocks did investors increase their positions? ② Zhipu AI saw cumulative fund inflows of approximately HK$13.8 billion over the past seven days; how has its share price performed in the short term?

cls.cnJul 10 18:27

Hong Kong Stock Connect saw a net outflow of HK$4.698 billion from the Tracker Fund of Hong Kong.

Southbound capital recorded net inflows into Zhipu AI (02513.HK), GigaDevice (03986.HK), and Alibaba (09988.HK) of HK$2.843 billion, HK$648 million, and HK$458 million, respectively. Net outflows were observed from Tracker Fund of Hong Kong (02800.HK), Tencent (00700.HK), and HHGrace (01347.HK), amounting to HK$4.698 billion, HK$2.864 billion, and HK$840 million, respectively. The most active stock by net southbound capital inflow via Shanghai-Hong Kong Stock Connect was Zhipu AI (02513.HK), with HK$1.465 billion, while the highest capital

AASTOCKSJul 10 18:25