消息面上，2月13日，阿里巴巴联合创始人、董事局主席蔡崇信确认阿里与苹果合作。招商证券指出，此次合作验证了阿里AI 大模型在国内及世界范围的强大竞争力与领先地位，阿里云作为国内规模最大、AI大模型能力全球领先的云厂商，发展空间非常广阔，并有望对集团内电商等业务进行深入赋能与协同。Editor's Note:This Week's Bullish Stocks in Hong Kong and the USThe column closely follows market dynamics each week, reviewing the weekly performance of Hong Kong and U.S. stock markets, helping mooer to sort out the hot sectors, strong individual stocks, and significant news of the week, looking for investment themes with profit potential.
This week, the three major Hong Kong stock indices rose collectively, with the Hang Seng TECH Index reaching a three-year high on Friday. By the close, the Hang Seng Index had increased by 7.04%, closing at 22,620.33 points; during the same period, the Hang Seng TECH Index rose by 7.3%, closing at 5,526.22 points; the Hang Seng China Enterprises Index increased by 7.03%, closing at 8,331.4 points.
In terms of individual stocks, Alibaba's group saw a massive surge! The top gainer on the Hong Kong stock market for the week was$ALI HEALTH (00241.HK)$, with a cumulative gain of over 54% for the week and a rise of more than 77% for the year. $ALI PICTURES (01060.HK)$This week increased by over 35%;$BABA-W (09988.HK)$Weekly cumulative increase exceeded 24%, rising over 50% year-to-date.
On February 13, Alibaba co-founder and chairman Cai Chongxin confirmed the collaboration between Alibaba and Apple. China Merchants pointed out that this cooperation validates the strong competitiveness and leading position of Alibaba's AI large model domestically and globally. As the largest cloud vendor in China with globally leading AI large model capabilities, Alibaba Cloud has very broad development space and is expected to deeply empower and collaborate with the group's e-commerce and other businesses.
JPMorgan released a research report stating that Alibaba's stock price has risen 25% since the latest release of its large language model "Tongyi Qianwen 2.5" on the 29th of last month, compared to an 8% increase in the MSCI Chinese Index. The bank identified three main factors driving Alibaba's stock price further upward, including the revaluation of Alibaba Cloud as a top-tier asset in China's cloud market, increased consumer demand for AI functionality driving positive revisions in cloud revenue estimates, and positive adjustments in estimates of profitability in China's e-commerce sector. The bank still sees Alibaba as the preferred choice among Internet stocks in China.
AI Bullish leads the Cloud Computing market!$SUNEVISION (01686.HK)$Increased by over 50% during the week, Institutions are bullish on its MEGA Datacenter's future growth potential;$GDS-SW (09698.HK)$During the week, the stock price rose by nearly 50%, increasing by more than three times in the past two years. The company is a major customer of Alibaba in China.$KINGSOFT CLOUD (03896.HK)$The cumulative increase over the week exceeded 25%, and the monthly increase has surpassed 80%. The company is a core cloud service provider for Kingsoft and Xiaomi's ecosystem.
BOCOM INTL released a research report stating that SUNEVISION is expected to announce its performance for the first half of the 2025 fiscal year soon. The bank predicts that the company's revenue will achieve a high single-digit year-on-year growth, and EBITDA will realize low double-digit year-on-year growth, mainly benefiting from the operational contribution of the MEGA datacenter project; increased utilization of existing and new datacenters; price increases for existing projects and growth in electrical utility usage.
Morgan Stanley released a report indicating that Alibaba is scheduled to announce its third quarter results for the 2025 fiscal year on February 20. This performance report will serve as the first key catalyst for observing domestic AI investment trends. Since Alibaba is the main customer of GDS Holdings in China, it is expected to have a significant impact on GDS Holdings.
In terms of news, Kingsoft Cloud announced that its multimodal data management platform KDX has completed the privatization deployment and adaptation of the DeepSeek-R1 distillation model, allowing for a comprehensive upgrade of the platform's built-in model capabilities. With the dual drivers of 'Data for AI' and 'AI for Data', KDX will assist customers in achieving efficiency leaps across the entire data production, management, and application chain through three major AI intelligent assistants. Citigroup published a research report stating that the breakthroughs of DeepSeek will help accelerate the creation of AI applications in China and promote the demand for cloud computing.
$NEXTEER (01316.HK)$This week, it rose over 28%, as the potential demand for autonomous driving parts expanded, leading Institutions to significantly upgrade the company's rating to 'Buy'.
Bank of America Securities released a Research Report stating that autonomous driving (AD) capability has become one of the key considerations for consumers when buying electric vehicles. BYD recently announced its automotive smart strategy and advanced intelligent driving system 'God Eye', lowering the entry threshold for intelligent driving to mid- to low-priced Passenger Vehicles.
The firm believes that as BYD and other leading automotive companies lower the entry threshold for autonomous driving, the potential demand for related autonomous driving parts will expand. The firm upgraded NEXTEER's rating from 'Underperform' to 'Buy', raising the Target Price from 2.8 HKD to 6.4 HKD, with expectations of stable earnings growth for the company from 2024 to 2026, during which the annual compound growth rate of earnings is expected to reach 57%.
On the other hand, the following Stocks performed weakly this week:
Editor/ping
