HK Stock Market Move | AI concept stocks are falling, and the market is concerned about the risk of a new round of AI replacements. Overnight, US software stocks saw a wave of sell-offs.
Conceptual stocks related to Artificial Intelligence declined, with application software stocks leading the decline. As of the press time, Inspur Digital Enterprise (00596) fell by 6.33% to HK$4.44, while Kingsoft Corporation (03888) dropped by 6.03% to HK$27.42.
Concept stocks related to AI fell, with application software stocks leading the decline. As of the time of writing, INSPUR DIGI ENT (00596) fell 6.33% to 4.44 Hong Kong dollars; KINGOFT (03888) fell 6.03% to 27.42 Hong Kong dollars; and CHINASOFT INT'L (00354) fell 4.48% to 4.69 Hong Kong dollars.
In terms of news, the US stock market fell on Tuesday, with tech stocks selling off dragging down the S&P 500 index and the Nasdaq composite index significantly. Investors are becoming more cautious about the prospects of returns on investment in artificial intelligence. It is worth noting that Anthropic, a star AI company, released a legal workflow plugin. This plugin can handle tasks such as contract review, compliance checks, and document generation for corporate legal departments, and its release has directly raised concerns about software companies being replaced.
Related Articles
HK Stock Market Move | AI new technology impacts SaaS software stocks, JST GROUP (06687) falls nearly 13% to hit a new low on the market.
HK Stock Market Move | NANJING PANDA (00553) rose more than 3% as the country's first traditional Chinese medicine brain-computer interface equipment was successfully developed. The related research has received support from the national aerospace project.
NVIDIA Corporation (NVDA.US) founder Huang Renxun predicts optimistically: AI "power shortage driver" is nothing to fear, will eventually drive down energy prices
HK Stock Market Move | AI new technology impacts SaaS software stocks, JST GROUP (06687) falls nearly 13% to hit a new low on the market.
HK Stock Market Move | NANJING PANDA (00553) rose more than 3% as the country's first traditional Chinese medicine brain-computer interface equipment was successfully developed. The related research has received support from the national aerospace project.
NVIDIA Corporation (NVDA.US) founder Huang Renxun predicts optimistically: AI "power shortage driver" is nothing to fear, will eventually drive down energy prices
RECOMMEND
Multiple A‑Share Companies Update Hong Kong IPO Progress Since Start Of Year
30/01/2026
Mainland Pharmaceutical Companies Rush To Hong Kong, Over 10 Firms Queue For IPO
30/01/2026
2026 Hong Kong Market Faces Unlocking Peak: HKD 1.6 Trillion In Restricted Shares To Be Released, How Will The Market Respond?
30/01/2026
