Chinese technology stocks "soaring": Driven by accelerated AI, Hikvision significantly outperformed Nasdaq this year.

This year, the Hang Seng Technology Index surged by 41%, outperforming the Nasdaq Index which saw a 17% increase. The breakthrough of large AI models such as DeepSeek at the beginning of the year became a key turning point, and afterwards, AI products from companies such as Alibaba, Tencent, and Baidu also gained market recognition.