On March 18, AI-related stocks in Hong Kong surged during afternoon trading, with multiple tech companies posting strong gains. MINIMAX-W (00100.HK) led the rally with an 18% jump, igniting investor enthusiasm across the intelligent technology sector.
Broader Tech Rally Fuels AI Momentum
Kingsoft Cloud (03896.HK) rose over 14%, Zhipu (02513.HK) climbed 13%, and Xunce (03317.HK) gained more than 8%. Alibaba (09988.HK) and NetEase-S (09999.HK) also moved higher, reflecting growing confidence in the commercial potential of artificial intelligence.
- Investor focus centers on AI infrastructure and real-world applications
- Breakthroughs in large model development drive market sentiment
- Valuation rebound gains traction in Hong Kong's tech sector
Analysts suggest that accelerating investments in domestic AI capabilities are fueling a new wave of innovation and investor interest.