Intelligence-led stocks lead Hong Kong stocks in AI applications, rising over 35% during the trading session.
In the early trading of April 1, the Hong Kong stock market's AI concept stocks collectively surged, with Zhifu, which announced its performance last night, soaring more than 35% to 938 Hong Kong dollars, hitting a new high since listing and reaching a market value of over 410 billion Hong Kong dollars. Zhifu's performance led to a rise in other Hong Kong stocks in the AI application sector, with MINIMAX-W rising by 17.27%. On the news front, Zhifu announced last night that its performance in 2025 exceeded expectations, with the company's annual revenue reaching 724 million yuan, a year-on-year increase of 132%.
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