HK Stock Market Move | TSUGAMI CHINA (01651) rises more than 4% and breaks through the top again. Liquid cooling has become the preferred option for heat dissipation in data centers. The demand for related processing equipment is strong.

TSUGAMI CHINA (01651) rose more than 4% in midday trading, hitting a high of HK$55.55, continuing to reach new highs. As of the time of writing, it is up 3.47% at HK$55.15, with a trading volume of HK$72.5688 million. On the news front, TSUGAMI CHINA previously announced that it expects annual net profit to be approximately 1.094 billion yuan by the end of March, an increase of about 40% year-on-year. The announcement stated that the rapid development of emerging fields such as AI liquid cooling and semiconductors has led to a continuous increase in demand for high-precision, automated, and composite machine tools, becoming the main driver of the company's performance growth. Guotou Securities pointed out that the rapid expansion of AI computing power has led to a continuous increase in data center power density, with liquid cooling replacing air cooling as the preferred cooling system for data centers. The application of plate-type cooling solutions accounts for the largest proportion, and the processing demand for high-value components such as liquid-cooled plates and quick-connect heads is increasing, placing higher demands on the accuracy, efficiency, and stability of processing equipment. It is recommended to pay attention to TSUGAMI CHINA.