Wanjia Hang Seng Internet Technology Industry ETF (159202) Achieves a Cumulative Gain of 6.30% Over the Past Week as the Commercial Implementation of AI Constituents such as Mininglamp Technology Accelerates

NewTimeSpace (newtimespace.com) News, on July 13, 2026, Hong Kong AI-related themes strengthened. As of 10:20, the Hang Seng Internet Technology Industries Index (HSIII) rose 0.77%, and Wanjia Hang Seng Internet Technology Industry ETF (159202) increased by 0.36%, with the latest price standing at RMB 0.83. Looking at a longer timeframe, as of July 10, 2026,Wanjia Hang Seng Internet Technology Industry ETF achieved a cumulative gain of 6.30% over the past week.

Among the constituent stocks, large model concept-related stocks led the gains. Kuaishou-W rose 2.46%, Alibaba-W climbed 2.09%, and Mininglamp Technology-W increased by 2.03%, while stocks such as Tencent and Baidu followed suit.

In terms of news coverage, the commercial implementation of large models has accelerated significantly recently. On July 7, the Alipay AI Open Platform officially went online and opened its invitation-only testing to enterprise developers and third-party development service providers. On July 9, Tencent Cloud Agent Bucket was officially released. This "Bucket" can provide independent cloud space for hundreds of millions of Agents, uniformly storing user-uploaded materials as well as files and work products generated by Agents, such as reports, images, and code.

Mininglamp Technology (2718.HK) joined the crew as the "AI Coordinator" to participate in the production of Mythological Accident Emergency Response Office, one of China's first batch of AI-native animated theatrical films, appearing on the list of film and television producers.

In addition, the achievements related to WebRetriever, a self-developed comprehensive evaluation benchmark for large-scale Web Agents by Mininglamp Technology, were officially accepted by the European Conference on Computer Vision (ECCV 2026), a top-tier international computer vision conference. The benchmark covers 800 real online websites and 1,550 tasks, spanning multiple industries including e-commerce, finance, healthcare, government affairs, and education. WebRetriever quantifies for the first time the real capability gap of agents, establishing an application evaluation standard for the agent domain.

Cathay Haitong pointed out a shift in the direction of large model iterations: In the first half of 2026, developers including OpenAI, Google, Anthropic, alongside domestic players like DeepSeek and Tongyi Qianwen, intensively released new versions (such as GPT-5, Gemini 3.1, and Qwen3.6). The focus of competition has shifted from pure parameter scale to the optimization of Agents and inference cost-effectiveness, emphasizing implementation in high-frequency scenarios and closed-loop commercialization.

Hong Kong-listed Large Model Concept Stocks:

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.

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.

TENCENT (00700.HK)

The Hunyuan LLM ranks highly in evaluations on third-party platforms such as OpenRouter. The model continues to deepen its integration into national-level social applications, Tencent Meeting, and the cloud-based collaborative office ecosystem. Backed by a massive MAU base and the Tencent Cloud intelligent computing service system, the company is accelerating the delivery/provision of AI solutions to B2B clients in government and finance, continuously expanding enterprise-level application scenarios.

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