Changes in Hong Kong stocks | CIMC Group (02039) rose nearly 5% intraday and signed a strategic cooperation agreement with the Oman Sovereign Fund to increase the company's modular data center orders

The Zhitong Finance App learned that CIMC Group (02039) had an intraday increase of nearly 5%. As of press release, it had risen 3.03% to HK$7.485, with a turnover of HK$9.274,200.

According to the news, according to CIMC Group's official WeChat account, the China-Oman Investment Cooperation Promotion Conference was held in Beijing on November 2. During the promotion conference, CIMC signed a strategic cooperation agreement with the Oman Investment Authority (“OIA”). The two sides will focus on areas such as port logistics, green energy, and industrial localization to promote cooperation in port equipment, railway transportation and multimodal transport systems, as well as clean energy storage, transportation and fueling infrastructure such as natural gas and hydrogen energy (ammonia alcohol).

Recently, CIMC Group disclosed its third quarter results. CICC Research Report indicated that the company's 3Q26 revenue was 47.898 billion yuan, +16.91% year-on-year; net profit to mother was 708 million yuan, +146.4% year-on-year. In the first three quarters of 2026, CIMC's modular data center revenue grew rapidly compared to the same period last year. The cumulative number of new orders exceeded 500 MW (over RMB 8 billion), mainly benefiting from the continued growth in global AI data center demand and the accelerated implementation of CIMC's digital energy prefabricated delivery capacity. The business has moved from a cultivation period to a stage of large-scale expansion, and CICC believes it is expected to become one of the company's core growth sources in the medium term.