Galaxy Securities highlighted that the AI industry is currently experiencing sustained catalytic momentum, with the commercialization prospects for AI applications remaining highly promising. AI application avenues, exemplified by generative search (GEO), are undergoing continuous exploration and development. Furthermore, in addition to content generation, content interaction has emerged as a crucial area for innovation. In content-centric sectors like gaming, AI not only aids in cost reduction and efficiency enhancement but also delivers distinctive interactive experiences to users, thereby significantly boosting user engagement. It is recommended to focus on: Core internet assets among Hong Kong-listed stocks that are consistently ramping up their AI investments, as well as sub-sectors associated with AI applications and their respective industrial chains. This includes Hong Kong-listed tech behemoths and enterprises involved in AI applications and their supply chains.