HK Stock Market Move | SDHG(00412) rose by over 4% again, with a cumulative increase of 1.7 times since the beginning of May. Century Internet will build a super-large-scale data center cluster.
Mountain High Holdings (00412) surged over 4% again, with a cumulative increase of over 170% since early May. As of the time of writing, the stock rose by 4.11% to 17.22 Hong Kong dollars, with a total turnover of 156 million Hong Kong dollars.
SDHG(00412) rose by over 4%, with a cumulative increase of over 170% since the beginning of May. As of the time of writing, it has risen by 4.11% to 17.22 Hong Kong dollars, with a trading volume of 156 million Hong Kong dollars.
In terms of news, on June 24, the 2025 Century Interconnection Investor Conference was held in Ulanqab. At the conference, Century Interconnection announced that it will build a total of 10GW Hyperscale2.0 ultra-large-scale data center clusters in the next 10 years, creating a 100 billion kwh green electricity AI-new energy system open ecological platform, allowing green direct current to enter thousands of households through data centers.
Soochow (Hong Kong) pointed out that in May 2022, SDHG acquired 43.45% of the equity of Beikong Clean Energy for 4.685 billion Hong Kong dollars, and further increased its holdings in SDHS NEW ENERGY in 2024. Through this acquisition, SDHG quickly obtained large-scale clean energy generation assets and operational capabilities, becoming the largest new energy generation enterprise in Shandong Province. In addition, in December 2023, SDHG strategically invested 299 million US dollars in Century Interconnection, becoming its largest institutional shareholder, marking the company's transition from new energy to a "energy + technology" dual-driven strategy. The bank pointed out that the company's electric calculation coordination has shown significant results.