HK Stock Market Move | GDS-SW(09698) surged over 7% again, accumulating nearly 50% in the past three weeks. The birth of popular AI applications is expected to drive the prosperity of the AIDC industry.

GDS-SW (09698) rose more than 7% again, with a cumulative increase of nearly 50% in the past three weeks. As of the time of publication, it has risen by 7.63% to 28.2 Hong Kong dollars, with a turnover of 13.85 million Hong Kong dollars. In terms of news, it is reported that on Friday, Microsoft announced on its official blog that it will invest 80 billion U.S. dollars in AI data centers in fiscal year 2025. In China, as of December 24, the MOU of Bytedance's Douyin has exceeded 70 million. Huatai believes that the emergence of "popular applications" is a sign of the start of an important boom cycle for data centers. Looking ahead to 2025, with the rapid advancement of applications such as Bytedance's AI video models and AI glasses, Huatai is optimistic about the AIDC industry entering a new boom cycle and suggests paying attention to investment opportunities in the industry chain. Guosen points out that Wanguo Data, with its comprehensive strength ranking first among computing power center service providers, has high index scores in overall scale, capability building, and financial condition, making it China's leading developer and service provider of high-performance computing power centers. Taking advantage of the development of China's digital economy, Wanguo Data continuously meets the demand generated by the wide application of technologies such as artificial intelligence. Its computing power centers are distributed widely, including in core economic hubs, surrounding areas of first-tier cities in China, as well as regions in the Middle East, Southeast Asia, and other overseas areas.