GBA AI COMP (01396) Computing Power New Infrastructure Track Identity Recognized by Hang Seng Index Authority

On June 29, Hang Seng Index Company completed the industry classification adjustment for GBA AI COMP (01396), officially moving it from the original real estate developer sector to the Internet services and infrastructure subcategory of the information technology software services sector. This industry classification adjustment signifies that GBA AI COMP's position in the AI computing new infrastructure track has been officially recognized by the international authoritative index system. This not only serves as an authoritative endorsement of the company's transformation achievements, but also marks the official "confirmation" of the investment value of the AI computing track in the Hong Kong stock capital market, with the company now fully included in the technology track valuation system. AI computing new infrastructure is becoming a core part of the national strategic focus, with the differentiation between industry realities and virtual realities accelerating. In the 2026 Government Work Report, the government explicitly stated that super large-scale smart computing clusters and "computing-electricity collaboration" will be included in key new infrastructure projects, continuing to deepen the "artificial intelligence+" initiative. Computing power, as the strategic base of the new quality productivity, is continuously being raised. With the implementation of large-scale industrial models, the construction of a national integrated computing power network is accelerating, and the demand for intelligent computing power is experiencing exponential growth. Computing power infrastructure has evolved from supporting projects to becoming a core necessity in the digital economy track, with trillion-dollar industrial cycles continuously releasing growth dividends. Amidst the heat of the track, the market is gradually forming a clear hierarchy: some entities remain at the conceptual layout stage, lacking stable projects and sustained profit support; while others have completed industry restructuring, built a complete chain of computing power construction, operations, and services, achieved stable profitability at scale, and followed a clear transformation path from virtual to reality, thereby earning recognition from authoritative institutions. GBA AI COMP, as a leading player in the industry that has completed a comprehensive transformation, delivered on performance and profits, and reliant on a mature smart computing cluster operating system and sustained project landings, has transitioned to the role of a digital infrastructure service provider. This industry classification adjustment is the official acknowledgement from the capital market of its dominant position in the technology industry. The shift in Hang Seng's classification system reshapes the valuation system, opening up liquidity space for passive incremental funds. The Hang Seng industry classification system is the core benchmark for tracking Hong Kong stock funds and index product allocations globally. Previously classified under the real estate sector, the company's valuation has long been suppressed by real estate industry risks, making it difficult to match the growth attributes of the computing power industry. After being placed in the information technology Internet infrastructure subcategory, the company will be included in a full range of Hang Seng technology and digital infrastructure related index tracking pools, directly linking to a massive pool of technology theme ETFs and overseas long-term institutional funds. Market institutions generally analyze that the global passive funds tracking Hang Seng information technology-related indexes are large in scale. Following the industry adjustment, index funds will complete position rebalancing according to the new industry weight, resulting in sustained incremental institutional buying, significantly improving stock liquidity and long-term fund position structures. After the completion of the classification adjustment, institutional research frameworks will also switch to an AI computing power cloud service industry benchmark system, facilitating professional research institutions to cover and provide in-depth value judgments, further broadening market understanding boundaries. The clear trend of industrial transformation signals long-term capital opportunities for real entity enterprises in the computing power sector. This industry classification adjustment is not just an event for a single company, but a positive feedback from the Hong Kong stock market on the wave of traditional industries' digital transformation. With the long-term policy direction of developing new quality productivity and building a digital China, real infrastructure companies with genuine technology assets, stable operating cash flow, and complete industrial capabilities will continue to benefit from policy, industry, and capital resonance dividends. In the future, with the continuous construction of a national integrated computing power grid and the comprehensive rollout of AI commercial applications, the certainty of growth in the computing power infrastructure industry will continue to strengthen. For transformation enterprises that have already switched tracks, have a clear main business, and have realized profits, the Hang Seng information technology industry classification will become an important capital watershed, continuously attracting global technology-focused long-term funds, fully unleashing the long-term value of the digital new infrastructure track.