HK Stock Market Move | The Hong Kong stock market leader in computing power, GBA AI COMP (01396), has seen its share price rise by more than 15%, with net profit expected to reach 330% of last year's total in the first half of this year.

GBA AI COMP (01396) afternoon gain has expanded by over 15%. As of the time of writing, it is up 14.88%, priced at HK$10.58, with a transaction volume of HK$65.5455 million. In terms of news, GBA AI COMP's announcement at the beginning of July indicated that it had received new orders exceeding 15 billion yuan in the first half of this year, with a total backlog exceeding 30 billion yuan. The cumulative delivered computing power has approached 50,000 P (FP16 dense); the net profit for the first half is expected to be no less than 240 million yuan, reaching 3.3 times that of the entire last year. It is worth mentioning that the U.S. stock market for cloud computing saw a broad rally overnight. Market analysts believe that the recent performances of the three major cloud providers collectively demonstrate that investments in AI infrastructure are not merely a long-term narrative but have already translated into faster revenue growth, higher order visibility, and gradually improving profitability. According to Sealand, the computing power leasing industry has entered a dividend period of earnings release.