🔥 Hang Seng today isn’t particularly strong, but on the tech front, it’s clearly being front-run by people!
On August 27, the Hong Kong market overall moved cautiously. The Hang Seng Index fell 0.34%, the Hang Seng Tech Index dropped 0.13%, yet main-board trading turnover reached HK$233.515 billion. The indices didn’t move much, but the money wasn’t idle—instead, it started drilling into the tech industry supply chain.
The most eye-catching themes today were PCB, optical communications, and chips. InnoTek Systems surged more than 12%, Kingboard Laminates and Kingboard Layered Board gained more than 10%, FiberHome Optoelectronics & Technologies rose more than 10%, GalaxyCore also climbed more than 7%, and Huahong Grace and SMIC also followed with strength.
AI large models also saw activity. Zhipu gained more than 12%, MINIMAX-W rose nearly 4%, and Baidu climbed more than 5%. Baidu also adjusted Hong Kong as a primary listing venue, and it is expected to complete the dual primary listing on September 1.
The market setup is actually quite interesting: while the indices are taking a breather, the AI industry chain is quietly speeding up. 👀
Why is the capital focused on these areas? At the end of the day, it’s because AI continues to burn compute power—and when compute power is broken down downstream, you get the “shovels-selling” segments: chips, optical communications, PCB, storage, power, and so on.
Large model companies run at the very front, but what truly underpins this AI race is the entire supply chain behind them.
This is a bit like the crypto market: when the trend heats up, it isn’t necessarily only BTC that can capture the capital—sectors like exchanges, infrastructure, L2, and DeFi—the “shovels-selling” plays—are also likely to be dug up by investors.
So today’s signal from Hong Kong isn’t “the index is about to take off,” but rather that capital is重新寻找 more certain directions within the AI industry chain.
Going forward, if AI enthusiasm keeps rising, it may be more worth watching the infrastructure sectors like chips, optical communications, and PCBs than simply chasing short-term hot spots.📈$ETH $ACE $BTR #比特币升破8万美元创三月新高
On August 27, the Hong Kong market overall moved cautiously. The Hang Seng Index fell 0.34%, the Hang Seng Tech Index dropped 0.13%, yet main-board trading turnover reached HK$233.515 billion. The indices didn’t move much, but the money wasn’t idle—instead, it started drilling into the tech industry supply chain.
The most eye-catching themes today were PCB, optical communications, and chips. InnoTek Systems surged more than 12%, Kingboard Laminates and Kingboard Layered Board gained more than 10%, FiberHome Optoelectronics & Technologies rose more than 10%, GalaxyCore also climbed more than 7%, and Huahong Grace and SMIC also followed with strength.
AI large models also saw activity. Zhipu gained more than 12%, MINIMAX-W rose nearly 4%, and Baidu climbed more than 5%. Baidu also adjusted Hong Kong as a primary listing venue, and it is expected to complete the dual primary listing on September 1.
The market setup is actually quite interesting: while the indices are taking a breather, the AI industry chain is quietly speeding up. 👀
Why is the capital focused on these areas? At the end of the day, it’s because AI continues to burn compute power—and when compute power is broken down downstream, you get the “shovels-selling” segments: chips, optical communications, PCB, storage, power, and so on.
Large model companies run at the very front, but what truly underpins this AI race is the entire supply chain behind them.
This is a bit like the crypto market: when the trend heats up, it isn’t necessarily only BTC that can capture the capital—sectors like exchanges, infrastructure, L2, and DeFi—the “shovels-selling” plays—are also likely to be dug up by investors.
So today’s signal from Hong Kong isn’t “the index is about to take off,” but rather that capital is重新寻找 more certain directions within the AI industry chain.
Going forward, if AI enthusiasm keeps rising, it may be more worth watching the infrastructure sectors like chips, optical communications, and PCBs than simply chasing short-term hot spots.📈$ETH $ACE $BTR #比特币升破8万美元创三月新高
