Under the sluggish market conditions, many technology giants in Hong Kong have also weakened. During this period, companies such as Tencent and Meituan's large-scale buybacks were unable to change the weak stock price situation. However, it is worth noting that NetEase-S (09999. HK) outperformed the market significantly during the same period. As of the time of publication, NetEase has risen by over 13% since the beginning of the year, outperforming the Hang Seng Technology Index by nearly 30 percentage points, and is also the only Hong Kong stock technology giant to rise so far this year.