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| HSI1 | 24,842.67 | +124.57 | 283.35B |
| HSCEI1 | 8,375.74 | +1.31 | 84.06B |
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2026-06-12 10:22:57 As AI commercialization accelerates, valuations of China’s AI internet sector remain attractive, CMS said in its report. The broker noted that, following expectation resets, HSTECH has underperformed in 2Q26 to date compared with 1Q26. Although valuations of China’s internet sector remain at historical lows, results in 1Q26 demonstrated relatively strong earnings resilience. The broker maintained its recommendation rating on the sector. Its top stock picks are BABA-W (09988.HK) (Alibaba Group Holding Limited (BABA.US)), KNOWLEDGE ATLAS (02513.HK), KUAISHOU-W (01024.HK), and JOYY Inc. (JOYY.US). It also suggested paying attention to undervalued companies such as TENCENT (00700.HK) and MINIMAX-W (00100.HK), believing both have greater potential for valuation recovery. ~ AASTOCKS Financial News Website: www.aastocks.com | |