HK Stock Market Move | SUNEVISION (01686) rose more than 10%. The stock price has increased by over 30% this month. The company is the leader of AIDC in Hong Kong.
New World Development Company Limited (01686) has risen by more than 10%, with its stock price increasing by more than 30% this month. As of the deadline, it has increased by 10.13%, closing at HK$6.09, with a turnover of HK$1.81 billion.
SUNEVISION (01686) has risen by more than 10%, and the stock price has increased by more than 30% this month. As of the time of publication, it has increased by 10.13% to HK$6.09 with a trading volume of HK$1.81 billion.
On the news front, according to a recent report from Xinyi News, the company will attend PTC'26 held in Honolulu. At this year's PTC'26 conference, the company will focus on showcasing next-generation AI-ready data center solutions, sharing successful customer cases, exploring how to accelerate AI deployment and regional expansion for large-scale cloud service providers and enterprise customers, and seamlessly connecting to the global interconnected ecosystem through an AI data platform. It is understood that the conference will be held in Honolulu, United States from January 18 to January 21, 2026.
Previously, Open Source Securities research report pointed out that the company has been deeply involved in the IDC industry in Hong Kong, China for 25 years, owning the largest network interconnection services in Asia. The major shareholder, SHK PPT, is one of the largest real estate developers in Hong Kong. With the backing of SHK PPT, the company has multiple advantages in land, power, financing, engineering, etc. Calculated by IDC square footage, in the first half of 2024, the company's market share in the IDC market in Hong Kong, China was approximately 33%. By the end of 2024, the company has operated eight data centers, with an IT power capacity of 103MW and a utilization rate of 88%.
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