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"Not building data centers would be more inflationary!" BlackRock CEO warns: Slowing AI expansion is the real risk

21/10/2026

Zhito Finance APP has learned that Larry Fink, CEO of BlackRock (BLK.US), warned that as artificial intelligence (AI) demand accelerates, delays in data center construction could drive up computing costs and threaten economic growth.

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Visera Technologies (688781.SH) released its first three quarters performance, with a net profit attributable to shareholders of RMB 31.07 million, turning profitable year-on-year.

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Southbound funds recorded a net sell of 4.435 billion yuan today. On the Stock Connect (Shanghai) side, Tencent Holdings and China Mobile saw net sells of HK$1.207 billion and HK$695 million, respectively; CNOOC topped net buys with an amount of HK$579 million; on the Stock Connect (Shenzhen) side, Tencent Holdings and Alibaba-W saw net sells of HK$499 million and HK$415 million, respectively; Yangtze Optical Fibre and Cable topped net buys with an amount of HK$68 million.

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Hisense Home Appliances (00921.HK) subsidiary subscribes to RMB 2.02 billion CITIC Securities Asset Management wealth management product.

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Kejingyuan: Partial release of pledge and re-pledge of shares by actual controller Zhang Rumin

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Antengene-B (06996.HK) repurchased 133,000 shares on October 21 for HK$404,900.

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