Hong Kong Stock Market Close (May 13) | Hang Seng Index Up 0.15%; Post-Earnings Surge for JD.com-Related Stocks; AI Supply Chain Demonstrates Strong Afternoon Rally
The Hong Kong stock market exhibited volatile movements today, with the three major indices surging during the session but subsequently retreating. Both the Hang Seng Index and the Hang Seng Tech Index closed in positive territory.
Surging AI computing power has triggered a spike in electricity demand, driving activity in Hong Kong-listed power equipment stocks, with Dongfang Electric Corporation's shares rising over 5%.
How will the State Grid's RMB 4 trillion fixed-asset investment during the '15th Five-Year Plan' period reshape the landscape of the power equipment industry? How does the high energy consumption characteristic of AI data centers exacerbate the global electricity shortage?
Xinyi Solar Holdings Stock Advances 2.2% in Hong Kong
Morgan Stanley estimates a 55GW power shortage for data centers, making the upgrade of data center power equipment an inevitable trend.
①Morgan Stanley forecasts a 55GW power shortage for data centers. ②Huayuan Securities anticipates that overseas ±400V/800V HVDC is likely to enter its initial year of significant growth, with SST continuing to advance.
Xinyi Solar Holdings Stock Rallies 5.0% in Hong Kong
Hong Kong-listed photovoltaic stocks collectively trended higher, with expectations of continued recovery in photovoltaic profitability. Space-based photovoltaics are set to receive significant catalysts.
The rapid development of energy storage will promote the consumption of photovoltaic power, enhance economic efficiency, and it is expected that the global photovoltaic market will return to a positive growth track starting from 2027, with photovoltaic-energy storage synergy becoming the core driving force.