HK Stock Market Move | Electric power equipment stocks are on the rise. HARBIN ELECTRIC (01133) up more than 10%, and Dongfang Electric Corporation (01072) up more than 8%.

Electric equipment stocks strengthened in the afternoon, with HARBIN ELECTRIC (01133) up 10.56% to HK$25.54; Dongfang Electric Corporation (01072) up 8.37% to HK$40.38; Goldwind Science & Technology (02208) up 8.5% to HK$16.6; WASION HOLDINGS (03393) up 8.54% to HK$29.24. On the news front, Soochow pointed out that the outbreak of AI computing power is driving the accelerated construction of global data centers, and gas turbines have become the core power supply solutions for data centers due to their fast construction speed and stable power generation. According to data from IntelliConsulting, the surge in electricity demand for AI data centers from 2024 to 2027 will create approximately US$57.8 billion in incremental space for the gas turbine market, providing strong support for the development of the gas turbine industry. In addition, under the "dual carbon" goal, gas turbines, as a clean energy equipment with high efficiency and low emissions, have become a key alternative to coal-fired power, coordinating with wind power and photovoltaic power peaking, with domestic installed capacity continuing to grow. Huaxin Securities stated that the outbreak of Agent applications will significantly increase the demand for computing power for inference, driving the prosperity of the AI server and domestic computing power industry chain, accelerating the construction of high-power density AIDC, and promoting the growth of demand for transformers, UPS, power supplies, and energy storage equipment. Overall, OpenClaw is expected to form an industrial transmission path of "application growth - token demand increase - computing power expansion - IDC construction - upgrade of power infrastructure," and it is recommended to focus on domestic computing power, IDC/AIDC, and related electric equipment industries for medium to long-term investment opportunities.