Changes in Hong Kong stocks | Weichai Power (02338) rose more than 5%, Nvidia is betting $3 billion on AI power infrastructure, continuing to interpret the lack of electricity in North America

The Zhitong Finance App learned that Weichai Power (02338) rose more than 5%. As of press release, it had risen 5.31% to HK$36.9, with a turnover of HK$396 million.

According to the news, Nvidia has agreed to invest 2 billion US dollars in power infrastructure developer Lancium and promised to invest an additional 1 billion US dollars after the company receives more planned power resources. Lancium is a power infrastructure company supported by Blackstone Group. It is responsible for developing power infrastructure projects in Texas, USA, serving OpenAI and Oracle AI parks. Guojin Securities previously pointed out that awareness of lack of electricity continues to deepen, the BE performance verification cycle has been revised, and the SOFC industry chain is focusing on leaders.

Fangzheng Securities previously stated that Weichai Power has been deeply involved in the power equipment industry for 20 years and has completed a strategic transition from a traditional commercial vehicle power leader to a global integrated energy equipment service provider. In the traditional infrastructure heavy truck business, new energy power is fully replicating the successful path of the traditional fuel era, and the company's natural gas heavy truck engine support share has maintained a leading position of more than 50% for a long time. At the same time, in the face of a wave of global power shortages, Weichai has mastered the core technology of high-power generators and North American product channels through a ten-year in-depth layout to enter global power generation