China Universal CSI HK Equities Information Technology Integration ETF (526030) Rises 1.36% in Morning Session as Alipay AI Open Platform Goes Online, Accelerating AI Application Commercialization

NewTimeSpace (newtimespace.com) News, On July 8, 2026, Hong Kong tech-themed stocks rose strongly in the morning session. As of 09:52, the CSI Hong Kong Stock Connect Information Technology Combined Index (930967) surged 1.13%, and China Universal CSI HK Equities Information Technology Integration ETF (526030) increased by 1.36%, with the latest price standing at RMB 0.9.

In terms of liquidity,China Universal CSI HK Equities Information Technology Integration ETF recorded an intraday turnover rate of 4.21%, with a trading volume of RMB 6.0854 million. Looking at a longer timeframe, as of July 7, the daily average trading volume ofChina Universal CSI HK Equities Information Technology Integration ETF over the past year reached RMB 34.1912 million.

In terms of news coverage, according to news from Alipay on July 7, the Alipay AI Open Platform has officially gone online and opened its invitation-only testing to enterprise developers and third-party development service providers. Through the Alipay AI Open Platform, merchants and institutions can integrate with "Abau," or choose cross-terminal interconnection to connect to smart terminals and large model platforms—including smartphones, in-vehicle systems, AI glasses, and IoT devices—via "Abau," achieving "one-time integration, multi-terminal distribution, and unified management."

Wanlian Securities stated that in the first quarter of 2026, global AI revenue (excluding China) reached US$25 billion, surpassing the depreciation cost of US$21 billion during the same period for the first time. This means that the AI industry has financially crossed the threshold of covering the depreciation of infrastructure investments for the first time. We believe that AI revenue covering the concurrent infrastructure depreciation costs for the first time indicates that commercialization validation on the AI application side is effectively materializing. The global AI industry is expected to accelerate its transition from an early construction phase characterized by "high investment and strong expectations" toward a phase of large-scale commercial implementation of applications. It is recommended to pay attention to various vendors' development and exploration of AI application payment models as well as the accelerated implementation of the commercialization process.

Hong Kong-listed Large Model Concept Stocks:

KNOWLEDGE ATLAS (02513.HK)

Knowledge Atlas Technology Joint Stock Company Limited (02513.HK; commercially known as Zhipu AI) is a leading player in China's independent large language model (LLM) sector (recognized for its capabilities and market position by Frost & Sullivan). The company has released its next-generation flagship model, GLM-5, achieving open-source State-of-the-Art (SOTA) performance in coding and agentic capabilities. It has also open-sourced the multimodal image generation model GLM-Image in collaboration with Huawei. Focusing on novel model architecture design, generalized reinforcement learning paradigms, and autonomous model evolution, its business layout closely aligns with the trend of enterprise-level AI productivity transformation.

BABA-W (09988.HK)

The company has released several new models, including Qwen3.6-Plus, with the Qwen LLM surpassing 1.4 trillion Tokens in daily API calls, setting a new global record for daily calls on third-party platforms. The Qwen consumer-facing application has exceeded 300 million MAU and has been integrated into the smart cabins of multiple automakers. It consistently ranks at the forefront in international benchmark evaluations for coding and agentic capabilities. Its business layout seamlessly matches the trend of scaled procurement of computing power and model APIs by government and enterprise clients.

MININGLAMP-W (02718.HK)

As an LLM concept stock, Mininglamp Technology is recognized by the market as the "First Agentic AI Stock in Hong Kong." Its self-developed model cluster includes the DeepMiner LLM product line (underlying engine), models such as Mano/Cito, and the Cider inference acceleration framework. These are all interconnected by the Octo platform layer to serve as a human-Agent collaboration hub, ultimately delivered in the form of Agentic Services to empower the implementation of decision-making agents in industries like marketing and mass consumption. The company bypasses the "Scaling Up" route of monolithic LLMs, opting instead for a "Scaling Out" approach through the collaboration of multiple specialized small models, achieving precision that surpasses general models in vertical scenarios. Its core moats lie in granular scenario data, specialized models, and continuous learning, culminating in an open-source, privately deployable, and white-box auditable Private AI infrastructure.

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