HK Stock Market Move | Cloud computing sector is on the rise, and Douba will launch a paid subscription version. The demand for computing power in the cloud is expected to continue to surge.

Cloud computing sector is on a full outbreak. As of the time of writing, KINGSOFT CLOUD (03896) rose by 6.13% to 8.31 Hong Kong dollars; GDS-SW (09698) rose by 5.86% to 44.46 Hong Kong dollars; BIDU-SW (09888) rose by 3.99% to 130.4 Hong Kong dollars; BABA-W (09988) rose by 3.51% to 135.8 Hong Kong dollars. On the news front, on May 4th, Dou Bao AppStore's updated page content shows that the application will launch a paid version with more value-added services on top of the free version to meet different users' differentiated needs. It is reported that in mid-April, Alibaba Cloud issued three consecutive product price increase notices within four days, involving pricing adjustments for some model unit services in the large model service platform, DDoS protection products, and free quotas for DataWorks API and support for pay-as-you-go payments; Tencent Cloud has raised prices twice in a month, and Baidu Intelligent Cloud has also raised prices for AI computing power products. China Securities Co., Ltd. pointed out that Dou Bao's launch of subscription exploration signifies the acceleration of commercialization of domestic AI C-end. Open Source Securities stated that the rise of domestic models and the outbreak of applications like Agent may continue to drive demand for computing power cloud/computing power leasing/AIDC, and attention should be placed on actively laying out and beginning to realize high growth companies in the related fields.