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China's internet sector has underperformed as it has been treated as a source of funds to buy AI hardware stocks, the analysts say. As a result, the Hang Seng Index is down 11% so far this year while the Kospi is up 100% despite recent volatility. The analysts think PDD and Meituan are now trading near their five-year trough multiples. \"With solid net cash positions and outstanding buyback programs, we expect companies to accelerate their buyback pace, and we believe that fundamentals will eventually prevail,\" they say.  Dow Jones NewswiresJune 29, 2026 00:45 ET Copyright  2026 Dow Jones & Company, 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Giants Rally After Prolonged Slump, Meituan Up 6%, Alibaba Gains 4%, Hong Kong Internet ETF Surges Nearly 3%, Is the Bottom In After 50% Plunge?","url":"https://stock-news.laohu8.com/highlight/detail?id=1139110698","media":"Deep News","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1139110698?lang=en_us&edition=fundamental","pubTime":"2026-06-29 10:24","pubTimestamp":1782699865,"startTime":"0","endTime":"0","summary":"On June 29th, Hong Kong's three major indices, having endured a sustained decline, opened higher with internet leaders staging a collective rebound. 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Stock Sheds 2.4% in Hong Kong","url":"https://stock-news.laohu8.com/highlight/detail?id=2646873356","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646873356?lang=en_us&edition=fundamental","pubTime":"2026-06-25 16:32","pubTimestamp":1782376320,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Shares of Meituan slid 2.4% to 66.10 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.4% to 23076.91.This was the stock's third consecutive day of losses.Meituan closed 51% below its 52-week high of HK$136.10, which the company reached July 24.Trading volume totaled 63.2 million shares, compared to the 50-day average of 44.9 million shares.Data source: Dow Jones Market Data, FactSet Dow Jones NewswiresJune 25, 2026 04:32 ET Copyright  2026 Dow Jones & Company, 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Stock Faces Fresh AI IP Risk As US China Tech Tensions Rise","url":"https://stock-news.laohu8.com/highlight/detail?id=2646201548","media":"Simply Wall St.","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2646201548?lang=en_us&edition=fundamental","pubTime":"2026-06-25 14:19","pubTimestamp":1782368380,"startTime":"0","endTime":"0","summary":"Rising US China tech tensions around artificial intelligence are putting fresh attention on how exposed certain stocks might be to regulatory pushback and intellectual property disputes. The latest accusations involving Anthropic and Alibaba have sharpened the focus on AI access, chip controls, and potential penalties for alleged misuse of US technology. For investors, this is less about short term headlines and more about understanding which companies could face higher legal, 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