HK Stock Market Move | GBA AI COMP (01396) rose nearly 4% in late trading as the prosperity of the computing power leasing industry improved, with the company's AI business accounting for over 90%.

GBA AI COMP (01396) rose nearly 4% in late trading. As of press time, it was up 3.96% at HK$10.76, with a turnover of HK$32.536 million. Kaiyuan Securities recently stated that the supply-demand gap in computing power continues to widen, and the prosperity of the computing power leasing industry is on the rise. GBA AI COMP's interim financial report shows that during the period, its AI business generated revenue of RMB 2.383 billion, accounting for 93% of total revenue; its computing power orders on hand exceed RMB 37 billion, reflecting strong fulfillment capability. This means that after completing the acquisition and merger of Tiandun Data, the company has fully transformed into an "AI intelligent computing technology service provider and ecosystem building platform," with its half-year results exceeding expectations, confirming the effectiveness of the company's AI intelligent computing business transformation. It is worth noting that GBA AI COMP has completed preliminary moves during the year, including inclusion in the MSCI China Small Cap Index, a name change, and a Hang Seng industry classification adjustment, and is expected to be included in the Stock Connect in the first quarter of 2027. Management expects that after Stock Connect inclusion is implemented, trillion-level southbound capital will reprice the company's computing power assets, and the market will gradually evaluate the company's value based on the logic of a full-stack AI computing power infrastructure service provider.