On April 8, the Hong Kong stock market witnessed a "collective climax" in tech stocks. Stimulated by multiple positive factors such as global AI technology breakthroughs and accelerated application deployment, the large model and AI application sectors opened with strong momentum.

Market Focus: Zhipu and MiniMax Leading the Charge

During the opening phase, several key stocks in the sector performed impressively:

Zhipu AI: Opened up nearly 15%, becoming the most closely watched "leader" of the day.

MIINIMAX-W: Followed closely, with an opening gain exceeding 8%, showing strong investor confidence in China's leading large model companies.

Established Giants Also Followed Up: Kingsoft Cloud, Kingsoft Software, and Tencent Holdings all opened higher, boosting the overall sentiment of the tech sector.

Market Background: Hang Seng Tech Index Gapped Up

The overall market environment also provided an ideal environment for the AI sector's breakout:

Hang Seng Index: Increased by 2.61% at the opening.

Hang Seng Tech Index: Rose by 2.95%, with multiple hard-core sectors such as semiconductors and aviation also performing strongly.

Industry Hotspots: Easing International Tensions and Energy Premiums

While the AI frenzy was ongoing, international energy and geopolitical dynamics also became the backdrop of today's market:

Truce Signals: According to Jiemian News, Iran has accepted a temporary truce proposal, and the Strait of Hormuz is expected to open for two weeks.

Economic Impact: The agreement on the truce somewhat eased market concerns about supply chain disruptions, creating space for a return in risk appetite for tech stocks.

Conclusion: AI Applications Enter the "Valuation Recovery" Phase