Cyberport: The fifth phase of expansion was completed in June, with Lenovo (00992) and "Hangzhou Six Little Dragons" among the tenants.
The digital Phase V expansion project was completed in June this year, with a total construction area increased by 40% compared to before. Currently, the office building occupancy rate has exceeded 50%, and well-known technology companies such as Lenovo Group (00992) and "Hangzhou Six Little Dragons" have successively settled in.
Digital Port Chairman Chen Ximing stated that the fifth phase of the Digital Port expansion project was completed in June this year, with a total construction area increased by 40% compared to previous phases. The current office rental rate has exceeded 50%, and renowned tech companies such as LENOVO GROUP (00992) and "Hangzhou Six Little Dragons" have successively moved in.
In response to the Hong Kong government's push for the "South Finance, North Innovation Technology" strategic layout, as well as the construction of the Northern Metropolis and the Hong Kong-Shenzhen Innovation and Technology Cooperation Zone, the market is concerned about whether Digital Port will face competition. Chen Ximing expressed that Digital Port, the Hong Kong-Shenzhen Innovation and Technology Park, and the Science Park engage in a healthy competitive relationship, with each focusing on different functional positioning while maintaining close collaboration.
In terms of computing power, Digital Port currently has a computing power scale of approximately 3000P, with usage rates nearing full capacity. The HK$3 billion government AI funding program has received applications from about 40 institutions so far, with around 30 approved. Chen Ximing emphasized that Digital Port will do its utmost to meet market demands for computing power. Regarding the planned Shaling Data Park, which is set to be operational in 2029 with a computing power of up to 180,000P, he is not worried about competition and believes that "the more computing power, the better."
Related Articles

The Hong Kong dollar interbank interest rates developed individually, with the one-month interbank rate unchanged at 2.55476%.

Why are tech stocks "getting cheaper as they rise"? They rely on an 80% profit jump to support their valuations, but if AI expectations fall short, they will instantly become expensive.

Eight transactions recorded over the weekend in the top ten residential estates in the Central Plains, with a significant increase of 60%.
The Hong Kong dollar interbank interest rates developed individually, with the one-month interbank rate unchanged at 2.55476%.

Why are tech stocks "getting cheaper as they rise"? They rely on an 80% profit jump to support their valuations, but if AI expectations fall short, they will instantly become expensive.

Eight transactions recorded over the weekend in the top ten residential estates in the Central Plains, with a significant increase of 60%.

RECOMMEND





