Recently, the HKEX Tech 100 Index underwent its semi-annual routine adjustment, with the expedited inclusion mechanism taking effect on the same day for the first time. Three leading AI hard tech companies—Zhipu, Biren Technology, and Iluvatar CoreX—were selected through the expedited inclusion mechanism, joining seven other stocks undergoing routine adjustments, such as Deepexi, Fortec Holdings, and Hesai-W, to become new constituent stocks. Following the adjustment, the index's 'hard tech' attribute has significantly strengthened, with enhanced representation in future industries such as artificial intelligence, autonomous driving, and robotics. Analysts pointed out that the inclusion of representative core enterprises in the AI industry chain is expected to bring incremental passive capital allocation to related stocks in the short term. In the medium to long term, the addition of high-quality AI leaders will enhance the index's growth potential and valuation benchmark effect, attracting more capital to focus on structural opportunities in the Hong Kong stock tech sector.