明報·每日經濟· 明報新聞網-每日明報·· 4 hours agoAI score32
Lau Sze Ming: Hong Kong Stock Market Stabilises as Funds Lean Towards Defensive Positioning
AI briefing
Lau Sze Ming notes that the Hang Seng Index rose for 2 consecutive days and outperformed major Asia-Pacific stock markets yesterday, but AI concept stocks continued to be sold off ahead of earnings announcements from several US tech giants this week. He believes that if the results of hyperscale cloud service providers reflect satisfactory commercialisation progress, Alibaba (9988) shares may have an opportunity for momentum-driven speculation.
Source: 明報·每日經濟 · news.mingpao.com