HK Stock Market Move | Cloud computing concept stocks are on the rise, and Google's significant conference Cloud Next will be held this week. The market is focused on AI + cloud infrastructure.

Cloud computing concept stocks surged across the board. As of the time of publication, 51WORLD (06651) rose by 15.42% to HK$71.85; KNOWLEDGE ATLAS (02015) rose by 6.85% to HK$952; GDS-SW (09698) rose by 3.38% to HK$44.1; VSTECS (00856) rose by 2.69% to HK$9.55; MINIMAX-W (00100) rose by 2.44% to HK$880; TENCENT (00700) rose by 2.25% to HK$522. According to market media reports, Google's heavyweight conference Google Cloud Next is scheduled to be held from April 22nd to 24th, 2026. It is expected to release a new generation of TPU architecture and disclose the progress of applications such as memory pooling and Optical Cross-connect Switch (OCS) technology, which may have a significant impact on the AI computing power industry chain. Currently, on the cloud business side, Google provides enterprise-grade Agent building, deployment, and management capabilities through the VertexAI platform, promoting Gemini to accelerate into the AI infrastructure of the enterprise software ecosystem. Open Source Securities stated that the conference will focus on enterprise AI, cloud innovation, and agent-based AI, demonstrating the transition from concept validation to scalable production deployment through keynote speeches and interactive sessions. The first day of the conference will feature 309 activities, many of which are short "lightning talks," focusing on Agent-based AI (AgenticAI). Specifically, the conference will introduce ADK2.0, A2A protocol, and the scalable deployment of enterprise AI Agents, covering scenarios such as employee efficiency, customer service, and secure operations. In terms of infrastructure development, the conference may announce a new generation of TPU architecture, unveil the practical application of memory pooling and OCS optical cross-connect switches, as well as the layout rhythm of the new architecture.