In a strategy report released on August 9, Western Securities pointed out that AI is currently nearing the end of the command-line interface (CLI) era and is transitioning towards the graphical user interface (GUI) era. This will bring strategic allocation opportunities for the domestic hashrate chain and Hong Kong stocks internet companies. The report believes that for AI to achieve a leap similar to the accelerated penetration of computers, two major conditions must be met: a reduction in semiconductor equipment costs and the systematic integration of workflows by leading internet companies. Although AI hardware costs are still rising and workflow integration is currently "fragmented," China is expected to leverage its engineer dividend to forge a unique development path, similar to Japan in the 1980s. This will manifest as a narrowing gap between Chinese and US models, a counter-trend increase in the prices of domestic models, and accelerated breakthroughs in domestic semiconductors. Based on this, the report provides a strategic bullish allocation recommendation for Hong Kong stocks internet companies.