Changes in Hong Kong stocks | Guangdong-Hong Kong Bay Intelligence (01396) rose by more than 9% overnight, and the company's total number of orders in hand surged after overnight, and the total number of orders in hand surged.

The Zhitong Finance App learned that Guangdong-Hong Kong Bay Intelligent Computing (01,396) had the highest increase of over 9%. As of the morning press release, it had risen 4.64% to HK$11.4, with a turnover of HK$61.6762 million.

According to the news, CoreWeave, the leading US AI cloud vendor, surged more than 19% overnight. The company's second-quarter revenue hit a record high of 2.6 billion US dollars, an increase of 112% over the previous year; the reserve scale of pending orders climbed to 104 billion US dollars, and the corporate customer penetration rate continued to increase rapidly. At the earnings conference call, company CEO Mike Intrator and CFO Nitin Agrawal clearly determined that AI will infiltrate all sectors of the global economy, and the pattern of scarce computing power will continue for a long time. Goldman Sachs expects that even if capital expenditure continues to rise in the next two years, the revenue growth rate of cloud service providers is expected to exceed the increase in expenditure, further consolidating the long-term fundamentals of AI investment.

Guohai Securities believes that overseas CSP and Neocloud vendors are gradually verifying that large-scale computing power capital expenditure can be effectively converted into revenue and profit. Driven by agents, inference demand has the potential for long-term continuous growth. It is expected that the tight supply and demand for AI computing power in China will increase, the medium- to long-term growth logic of the computing power leasing industry is quite certain, and it has already entered a dividend period of performance release. Earlier, the Guangdong-Hong Kong Bay Intelligent Computing announcement revealed that in the first half of this year, more than 15 billion yuan was added, and the total amount of processing power in hand exceeded 30 billion yuan, and the cumulative delivery computing power scale was nearly 50,000 P (FP16 intensive); net profit for the first half of the year is expected to be no less than 240 million yuan, 3.3 times that of last year.