According to the Wisdom Financial APP, the Hang Seng Index rose 0.08% in early trading, closing at 19762 points, while the Hang Seng Tech Index rose 0.17%.

Mobvista (01860) achieved a record high revenue of 0.403 billion US dollars in the third quarter for its programmatic advertising platform Mintegral, a 57.6% year-on-year increase. The stock price rose more than 6%, leading in the AI application sector.

Chuangxin Qizhi (02121) surged over 8%, with the company's effective layout of AI industrial software showing results. Institutions are optimistic about the accelerated penetration of AI + industrial applications.

The Fourth Paradigm (06682) rose more than 6% in early trading, with the Prophesy AI platform iteration upgrade representing close to seventy percent of total revenue.

Kingsoft Cloud (03896) surged over 10% again, with revenue growth expected to accelerate from Xiaomi and Kingsoft Software's ecosystem.

Horizon robots-W (09960) rose over 4%, with Morgan Stanley being bullish on the company's market share prospects in the ADAS and AD fields.

Industry associations collectively call for cautious procurement of American chips, with prospects for accelerating the localization of the entire industry chain. Chip stocks are rising, with Semiconductor Manufacturing International Corporation (00981) up 2.69%; Hua Hong Semiconductor (01347) up 0.98%.

NIO-SW (09866) rose nearly 4%, with sales exceeding 0.02 million units for seven consecutive months, and LeDao brand is expected to become the main driver of sales growth.

First Pacific (00142) surged over 7%, considering the spin-off of Maynilad for independent listing in the Philippines.

The United States has increased photovoltaic tariffs on four Southeast Asian countries, with institutions stating that this may pressure companies' profits in the short term. Photovoltaic stocks fell in early trading, with irico newenergy (00438) down 5.4% at HK$2.98; flat glass (06865) down 3.33%; xinte energy (01799) down 2.57%.

Haichang HLDG (02255) fell 6% intraday, facing financial pressure, after announcing the introduction of potential strategic investors.