HK Stock Market Move | GD-HKGBA HLDGS (01396) expands by more than 25%, bean bag charges are good for computing power supply, the company benefits from the high growth dividend of the AI industry.

GD-HKGBA HLDGS (01396) extended its afternoon gains by more than 25%, rising 24.38% to HK$13.06 as of press time, with a trading volume of HK$1.56 billion. On the news front, on May 4th, Doobao launched a paid version on top of its free service, with monthly fees ranging from 68 yuan to 500 yuan, mainly covering complex tasks and productivity scenarios to meet the increasing demand for computing power and inference. It is worth noting that the continuous rise in Token prices is behind the value-added services of Doobao. In particular, the widespread application of AI intelligence has led to a sharp increase in Token consumption, directly driving up the demand for computing power and subsequently affecting cloud computing service prices. Sealand research report stated that the inflection point of AI inference has arrived, and the cycle of rising demand and price of computing power leasing is a core and strong track in the current AI industry chain. It is reported that GD-HKGBA HLDGS is expected to deeply benefit from the high-growth dividends of the AI industry. The company underwent a comprehensive transformation from a traditional real estate model to a scarce asset-based AI computing infrastructure platform after acquiring Tiantun Data in October last year. Tiantun Data contributed approximately 617 million yuan in revenue within two months of consolidation, accounting for over sixty percent of the group's total revenue, leading the company to achieve a turnaround from losses to profits. Guoyuan International believes that after transitioning to the smart computing track, the company's valuation system is expected to switch to an "computing power + technology" framework, with significant room for revaluation.