The HSI reversed its decline for 4 consecutive years last year, with a total increase of 17.7% for the whole year (HSTECH soared by over 18% in total), and a cumulative incline of 20% in 1H25, with the rate of increase ranking at the forefront of the world's major index markets. At the beginning of 2025, Chinese AI DeepSeek foundation model burst onto the scene, leading AI boom to bring significant changes to the narrative of investors on the revaluation of China's assets. Related NewsCICC: Investors Shall Moderately Reduce Positions in HK Stocks in ST, Keep 'Bullets' for Future OpportunitiesTherefore, AI-related tech and internet sectors were popular, with southbound capital being one of the main driving force of the market. On 19 March, the HSI once hiked to 24,874, logging a new 3-year high since February 2022.To summarize 1H25, the HSI rocketed 4,012 points or 20% to close at 24,072. The HSCEI surged 1,388 points or 19% at close. The HSTECH closed at 5,302, snowballing 834 points or 18.7% in total.