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After the valuation has increased, what will Chinese concept stocks compete for in the second half? UBS Group highlights: AI, profit margins, new markets...
UBS Group believes that the surge of Concept stocks in the Internet sector in the first half of the year was primarily driven by valuation rather than profitability improvement, particularly for Stocks with AI Concept. Mid and small market cap stocks have outperformed the broader market. Investors need to focus in the second half of the year on AI monetization, overseas expansion, and margin reconstruction. The commercialization process of artificial intelligence is accelerating, with three areas showing early visible monetization: cloud services, advertising, and AI agents. Under policy guidance, the commission rates for Internet platforms are expected to converge and shift from commission-based revenue to advertising income.
Express News | Paul Chan Mo-po: Welcome more Chinese concept stocks to return to Hong Kong stocks.
Trump: China and the United States will hold trade talks in London next Monday.
Trump stated that negotiations are expected to proceed smoothly.
12 Information Technology Stocks Moving In Wednesday's After-Market Session
CITIC SEC discusses the delisting of Chinese concept stocks: it will not change the intrinsic value of the companies and will bring incremental liquidity to the Hong Kong stock market.
CITIC SEC: We do not believe that the Hong Kong stock market is unable to accommodate a large-scale return of Chinese concept stocks. On one hand, the liquidity of the Hong Kong stock market has clearly improved, and on the other hand, the forced (Delisted) of stocks in the US actually shifts trading to the Hong Kong stock market, bringing incremental liquidity to the Hong Kong market.
Express News | The joint statement of the China-USA Geneva Economic and Trade Talks has been released.