Daily Investment Strategy
Daily focus：Baidu（9888）
The company is about to announce its quarterly results. It is pursuing dual-track advancements in AI and cloud computing, continuously optimizing its business structure. AI cloud services and large-scale model technologies are driving the implementation of diverse applications, strengthening collaboration with businesses and government agencies, and driving the digitalization of the industry. The self-driving Apollo Go platform is actively expanding into domestic and international markets, solidifying its technological leadership. Overall, the company is leveraging innovation to empower future growth and strengthen its medium- and long-term resilience.
Cooling tension Between China and U.S.
The reversal in China-US trade tensions has become a core macroeconomic driver for global markets. Market sentiment has fluctuated significantly following US President Trump's shift from threats of 100% tariffs to conciliatory rhetoric. This shift highlights the current investment environment's vulnerability to geopolitical rhetoric, with policy uncertainty emerging as the primary risk facing investors. While the market has temporarily rebounded due to the cooling of tensions, such unexpected events have undermined expectations for the future stability of the trade relationship. Investors should be wary that subsequent actions by either side could quickly reverse market sentiment, rekindling demand for safe-haven assets and placing continued pressure on global supply chains.
Hong Kong Stock Connect recorded a net inflow of HK$19.8 billion on Monday, with the largest net inflow of HK$7.28 billion going to the Tracker Fund of Hong Kong (2800), followed by the Hang Seng China Enterprises (2828). Meanwhile, Tencent Holdings (700) saw the largest net outflow of HK$2.45 billion, followed by Alibaba (9988).
Leung Kai Tong is a SFC licensed person accredited to KGI Group to carry on regulated activities (for details, please refer to https://apps.sfc.hk/publicregWeb/indi/ADU276/details). He and/or his associate do not have any financial interest in the recommended issuer or new listing applicant.
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