# Just Now, Sharp Surge! AI Computing Power and Storage Products Officially Announce Price Increases, Alibaba Zhang Exceeded 2%, Latest Financial Report Disclosed Today

In the afternoon of the 18th, Hong Kong stocks’ internet sector surged sharply. The Hong Kong Stock AI Core Tools — Hong Kong Internet ETF (513770) — shot up from a trough, with the on-market price turning positive, rising 0.22%. It briefly fell more than 1% in the morning. Leading the rally was Alibaba-W, which is up over 2%. Latest news reports that Alibaba Cloud’s AI computing power and storage products have increased prices by up to 34%.

Alibaba Cloud announced that due to the global AI demand surge and supply chain price increases, its AI computing power and storage products have increased by up to 34%. According to insiders, another key reason for the price hike is the “explosive growth in Token call volume.” Alibaba Cloud’s MaaS business, Bain, achieved record-high growth rates from January to March this year. Alibaba Cloud is shifting scarce AI computing resources toward Token services.

Openclaw provides directions for AI application commercialization, with token consumption growing exponentially. Platform-based internet companies leverage their data, scenarios, and platform advantages to accelerate AI commercialization and re-evaluate its value.

Additionally, today will see the latest financial reports from Alibaba-W and Tencent Holdings. Huayuan Securities believes that the core strength of leading internet companies lies in robust performance fundamentals. Meanwhile, R&D and investment in foundational AI technologies, as well as the implementation and execution of AI applications, remain central to industry development and market activity. It is recommended to continue monitoring the long-term narratives and progress in AI and related fields.

Seize the 2026 AI Commercialization Year One and focus on core tools in Hong Kong stocks. The Hong Kong Internet ETF (513770) and its linked funds (Class A 017125; Class C 017126) passively track the CSI Hong Kong Stock Connect Internet Index. The top ten holdings include Alibaba-W, Tencent Holdings, Xiaomi Group-W, Kuaishou-W, Bilibili-W, and other tech giants and AI application companies across various sectors. Leading advantages are prominent, with T+0 trading within the day and good liquidity.

Interested in Hong Kong tech stocks but want to reduce volatility? You can also consider the Hong Kong Top 30 ETF (520560), which employs a “tech + dividend” balanced strategy. Its heavy holdings include high-elasticity tech stocks like Alibaba, Tencent Holdings, as well as stable, high-dividend stocks like China Construction Bank and Ping An Insurance. It’s an ideal long-term core holding for Hong Kong stock allocation.

Reminder: Recent market volatility may be significant, and short-term gains or losses do not predict future performance. Investors should invest rationally based on their own financial situation and risk tolerance, paying close attention to position sizing and risk management.

Data sources: Shanghai and Shenzhen Stock Exchanges, etc. The CSI Hong Kong Stock Connect Internet Index’s annual gains/losses over the past five full years are: 2021, -36.61%; 2022, -23.01%; 2023, -24.74%; 2024, 23.04%; 2025, 27.02%. The index’s constituent stocks are adjusted periodically according to the index rules. Past performance does not predict future results.

ETF fee disclosures: When subscribing or redeeming fund shares, agents may charge a commission up to 0.5%, including fees from stock exchanges and registries. Linked fund fee details: Huabao CSI Hong Kong Stock Connect Internet ETF (A class) has a subscription fee of 1,000 RMB per transaction for amounts over 2 million RMB, 0.6% for 1–2 million RMB, and 1% below 1 million RMB. Redemption fee is 1.5% if held less than 7 days, 0% if held 7 days or more; no sales service fee. The C class has no subscription fee, with redemption fees of 1.5% under 7 days and 0% otherwise; sales service fee is 0.3%.

Risk warning: The Hong Kong Internet ETF passively tracks the CSI Hong Kong Stock Connect Internet Index, launched on 2021.1.11, with the base date of 2016.12.30. The index’s composition is adjusted periodically. The stocks shown are for illustration only; descriptions do not constitute investment advice and do not reflect fund holdings or trading activity. The fund’s risk level is assessed as R4—moderate to high risk, suitable for active investors (C4) and above. All information in this article (including stocks, comments, forecasts, charts, indicators, theories, etc.) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and forecasts in this article do not constitute investment advice, and the author is not liable for any losses resulting from use. Past performance of other funds managed by the fund manager does not guarantee future results. Investing in funds involves risks; please invest cautiously.

MACD golden cross signals formed—these stocks are trending well!