Changes in Hong Kong stocks | Computing power resonates at home and abroad, and the boom continues to rise. Guangdong, Hong Kong Bay Intelligent Computing (01396), the stock price rose by more than 20% on the 2nd

The Zhitong Finance App learned that the Hong Kong stock computing power concept is strong. As of press release, Bijiao Technology (06082) rose 14.012% to HK$38.3; GigaYi Innovation (03986) rose 10.81% to HK$509.5; Guangdong-Hong Kong Bay Smart Computing (01396) rose 6.47% to HK$11.19; and Huahong Hongli (01347) rose 6.14% to HK$143.3.

According to the news, demand for computing power at home and abroad has recently resonated, and the industry sentiment continues to rise. Last week, Amazon, Alphabet, Microsoft, and Meta cloud business continued to grow at a high level and further raised or maintained high capital expenditure levels. The total capital expenditure of the four giants is expected to reach about 750 billion US dollars in 2026. On the domestic side, data from the China Academy of Information and Communications Technology shows that in the first quarter of 2026, domestic demand for Al computing power increased by 417% year on year. The effective supply growth rate was only 128%, and the gap between supply and demand continued to widen. At the same time, the policy side continues to increase. Direct investment of 4 trillion yuan is expected to build a domestic “15th Five-Year Plan” computing power network, driving the industrial boom to further heat up.

It is worth noting that benefiting from the upward boom in the computing power industry combined with high performance growth, Hong Kong Stock Computing, Guangdong, Hong Kong Bay Intelligent Computing, a leader in computing power in Hong Kong stocks, climbed for two consecutive days, with a cumulative increase of more than 20%. According to the announcement disclosed by the company at the beginning of July this year, it added more than 15 billion yuan in new orders in the first half of this year, with a total scale of over 30 billion yuan, and a cumulative delivery computing power scale of nearly 50,000 P (FP16 dense); the company expects net profit for the first half of the year to be no less than 240 million yuan, which is 3.3 times that of last year.

CITIC Securities believes that the interpretation of the computing power market is shifting from the triple logic of core asset clustering and rising prices along the shortage of goods, exploring new demand, and crowding out production capacity. Subsequent excess earnings will come more from segments in the AI computing power industry chain where card positions are clear, boom benefits are clear, and not fully priced. Wanlian Securities said that the adaptation of domestic models and domestic computing power chips is accelerating, the localization rate of the computing power industry chain is constantly increasing, and the domestic computing power ecosystem is gradually moving from technical verification to large-scale deployment.