Major Tech Companies Simultaneously Raise Cloud Service Prices, Opportunity Configuration of Hang Seng Tech ETF EasyFund (513010) Draws Market Attention

On the afternoon of March 19, the Hong Kong stock market fluctuated at low levels. As of 2:35 PM, the Hang Seng Tech Index fell by 2%, and southbound funds had a net purchase of over 13 billion HKD.

Yesterday, Alibaba Cloud and Baidu Smart Cloud announced price increases for AI computing power and storage products. Alibaba Cloud stated that due to the global surge in AI demand and rising supply chain costs, products like the Pingtouge Zhenwu 810E computing card saw price increases of up to 34%. Baidu Smart Cloud announced that AI computing power-related products increased by approximately 5% to 30%, with parallel file storage rising by about 30%.

A major reason for this round of price hikes is the surge in Token call volume, and the signal of cloud service price increases also confirms the continued high demand for AI computing power. The profitability of cloud business for internet giants is expected to recover.

According to Wind data, as of yesterday, the Hang Seng Tech ETF E Fund (513010, Connect Fund A/C: 013308/013309) has seen a net inflow of over 7 billion RMB this year. The latest product size exceeds 31 billion RMB, with ample liquidity. Over the past year, this ETF achieved an excess return of 0.2% relative to its benchmark index, ranking first among similar products with a scale of over 1 billion RMB. Its tracking error is only 0.1%, helping investors precisely seize the opportunities brought by the AI computing power explosion.

Daily Economic News