HK Stock Market Move | SUNEVISION (01686) is currently up nearly 7%, with the stock price rising over 60% this month. Institutions are optimistic about reevaluating the value of the entire AIDC industry chain.

SUNEVISION (01686) is now up nearly 7%, as of the time of writing, up 6.73% to 7.45 Hong Kong dollars, with a turnover of 2.91 billion Hong Kong dollars. On the news front, on January 27th local time, Google Cloud officially announced a price increase, starting from May 1, 2026, for Google Cloud, CDN Interconnect, Peering, and AI and computing infrastructure services. Previously, Amazon Web Services (AWS) also raised the price of its EC2 machine learning Capacity Blocks by about 15%, with the p5e.48xlarge instance hourly cost increasing from $34.61 to $39.80. Some analysts believe that this price increase may trigger industry chain reactions, with domestic and foreign cloud vendors likely to follow suit. Shenwan Hongyuan Group believes that, from the construction and operation of smart computing centers to upstream power distribution, temperature control, and other links, the value re-evaluation and continued prosperity of the entire industry chain of AIDC are promising. Previously, Open Source Securities reported that the company has been deeply involved in the IDC industry in Hong Kong for 25 years, with the leading network interconnection service in Asia. The major shareholder SHK PPT is one of the largest real estate developers in Hong Kong. Backed by SHK PPT, the company enjoys advantages in land, power, financing, engineering, and more. Calculated by IDC square feet, in the first half of 2024, the company's market share in the IDC market in Hong Kong was about 33%. By the end of 2024, the company had operated eight data centers, with an IT power capacity of 103MW and a utilization rate of 88%.