Hong Kong-listed star tech stocks rebound, with JD.com, Baidu, and Tencent Holdings all rising over 2%

Odaily News: Market data shows that Hong Kong-listed star tech stocks have rebounded, with JD.com (09618.HK), Baidu (09888.HK), and Tencent Holdings (00700.HK) all rising over 2%, while Alibaba (09988.HK), Meituan (03690.HK), Kuaishou (01024.HK), and Xiaomi Group (01810.HK) are also following with gains. Ken Fang, Head of China Internet Research at UBS, stated that over the next two to three years, as the bottleneck in AI computing power supply gradually eases, industry pricing power is expected to shift from upstream segments such as chips and infrastructure to internet platforms.