Changes in Hong Kong stocks | BYD Electronics (00285) rose more than 5%, institutions are optimistic about its liquid cooling and power supply business to open up room for growth

The Zhitong Finance App learned that BYD Electronics (00285) reversed the market and rose by more than 5%. As of press release, it had risen 5.12% to HK$24.66, with a turnover of HK$386 million.

According to the news, China Post Securities previously indicated that computing power construction is being implemented at an accelerated pace, opening up room for growth in the liquid cooling and power supply business. At present, the company has successfully introduced a number of new server customers, server shipments have achieved year-on-year growth, various liquid cooling products have completed relevant certifications and entered the small-batch trial production stage, and various power supply products are also being developed steadily, continuing to inject new momentum into business growth. In 2025, the company's AI computing power infrastructure business achieved revenue of about 943 million yuan, an increase of 31.70% over the previous year. First Shanghai said that looking forward to the next two or three years, the company will achieve a closed-loop layout in the fields of computing, power supply, cooling, etc., and build an overall data infrastructure solution. The target business scale is expected to reach more than 10 billion yuan.