Hong Kong stocks are moving differently. Innoventes (02577.HK) rose more than 8% in early trading. Bank of America believes that gallium nitride materials are accelerating towards the long-term structural demand shift in AI data centers.

According to the AI Finance and Economics App, Innovent Biologics (02577.HK) rose more than 8% in the morning session, and as of the time of publication, it has risen by 8.36%, reaching 80.45 Hong Kong dollars, with a turnover of 168 million Hong Kong dollars.