Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

"Hong Kong version of the NASDAQ" falls behind, Hang Seng Tech Index undergoes an "AI-driven" revaluation

MarsBitNews
robot
Abstract generation in progress
Since reaching a cyclical high on October 2, 2025, the Hang Seng Tech Index has fallen into a prolonged correction channel. Wind data shows that as of May 26, 2026, the index has declined by over 24% within its range, underperforming major global technology indices. Analysts believe this is mainly related to the index's low "AI content" and the overweight of consumer discretionary stocks. As AI giants like MiniMax-W and Zhipu are included in the Hang Seng Tech Index, market expectations suggest that the index structure may undergo a systemic correction. Currently, the index valuation is at a historically low level, presenting opportunities for gradual left-side positioning. (China Securities Journal)
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-ecded933
· 3h ago
Is Zhipu entering the index? First, ask if its valuation can hold up.
View OriginalReply0
GlassDomeObservatory
· 8h ago
Low AI content is indeed a real drawback. Hopefully once MiniMax and Zhipu come in, they can refresh and replace the team.
View OriginalReply0
TheKiteNeverLands.
· 8h ago
High optional consumption weight = poor elasticity, I agree with this logic.
View OriginalReply0
WhitepaperByTheRoadside
· 8h ago
I've heard the phrase "all-time low" so many times, I'm exhausted.
View OriginalReply0
NightTideShell
· 8h ago
The rules for modifying the Hengke Index are even more difficult than changing fate. Can it succeed this time?
View OriginalReply0
GateUser-dcb4d0d5
· 8h ago
October 2025 reaches the peak... This timeline reads like a time travel story.
View OriginalReply0
ExitLiquidityIntern
· 8h ago
A 24% decline is neither too much nor too little; whether to position on the left side depends on your courage.
View OriginalReply0

  • Pinned

Sitemap