HK Stock Market Move | WASION HOLDINGS (03393) rose more than 5% intraday. The company's new signed orders for data center customers in 2025 doubled.

WASION HOLDINGS (03393) rose more than 5% during trading hours, reaching a 5.77% increase at the time of writing, at 29.68 Hong Kong dollars, with a trading volume of 385.976 million Hong Kong dollars. On the news front, recently, WASION HOLDINGS disclosed its full-year performance for 2025. Zhongtai International pointed out that the company's net profit attributable to shareholders for 2025 increased by 50.0% year-on-year to 1.06 billion yuan, reaching the upper limit of the profit forecast of 10.0 billion to 10.6 billion yuan, which is 13.7% higher than the bank's forecast of 9.3 billion yuan. The bank believes that the digital energy service business, operated by the company's planned spin-off Weiyuan Energy for listing on the main board of Hong Kong, involves three major sectors of smart distribution network, data center, and new energy storage, providing stable power infrastructure for data center customers and focusing on the development of "smart electricity cooperation." The new signed order amount for the FY25 digital energy service business increased by 11.7% year-on-year to 4.8 billion yuan, with data center customer new signed orders growing by 99.5% year-on-year to 1.56 billion yuan.