The three major A-share indices fluctuated and declined, while the memory chip sector surged. Both the Hang Seng Index and the Hang Seng Tech Index fell by more than 1%, but the semiconductor sector rose against the trend.

GigaDevice, Biwin Storage, and Dapu Micro-UW surged in tandem. GigaDevice, the leading company in the memory chip sector, hit the daily price limit during trading, with its share price reaching a new all-time high. The trading volume exceeded 13 billion yuan, and the total market capitalization of its A+H shares surpassed 290 billion yuan. The CPO concept remained highly active, with HG Tech rebounding to close at the daily limit. Lianxun Instruments rose more than 9%, also setting a new record high. HuiLv Ecology, Accelink Technologies, Anfu Technology, and Shenke Da followed the upward trend.

wallstreetcn11:03

The Token factory has been established in Wuxi, relying on Huawei's Ascend 384 cluster, marking the advent of the 'intelligent unit billing' era for computing power.

① The first batch of Wuxi Token Factory will deploy four Huawei Ascend 384 super-node servers; ② Unicorn companies have emerged in the Token Factory sector; ③ Institutions claim that domestic Token Factories will enter a period of rapid development, with companies possessing certain computing power resources, reasoning optimization capabilities, and cloud service capacities actively planning and implementing initiatives.

cls.cn07:07

The 'Token Factory' begins practical implementation: operators launch procurement worth tens of billions, and major companies accelerate their positioning.

① Ningxia Branch of China Telecom released the centralized procurement project for the "Token Factory" generation capability service, marking the first large-scale procurement project named after the Token Factory among the three major telecom operators, valued at the billion-dollar level. ② The Token Factory is considered "the business model with the fastest short-term growth for model vendors and the most certain commercialization potential in its early stages." ③ Baidu recently announced that Baidu Intelligent Cloud will upgrade its "MaaS Model Service" to the "Token Factory."

cls.cnMay 16 13:42

Publicly offered funds collectively 'chase the light,' with over a hundred public funds researching New Easy Prosperity.

①Chuangjin Hexin topped the research rankings, having conducted 637 surveys year-to-date, covering 534 individual stocks; ②New Easun, the leader in optical modules, has become a “popular stock,” attracting over a hundred public funds to conduct surveys; ③Public funds have focused their research on AI computing hardware supply chains such as optical modules, strengthening the consensus on hard technology.

cls.cnMay 16 10:29

The inclusion of data assets on balance sheets is accelerating, with leading enterprises already surpassing hundreds of millions in scale. Urban investment companies are leveraging this to secure additional financing.

① A total of 134 companies disclosed data resource-related entries in their 2025 annual reports, with a combined entry value reaching 3.86 billion yuan. In contrast, there were only 91 companies in 2024, with entry values falling short of 2 billion yuan. ② Data asset financing is not merely an innovation in a single financial instrument but rather a systematic project involving property rights systems, valuation frameworks, financial products, regulatory coordination, and ecosystem services.

cls.cnMay 15 15:14

AI-driven price hikes reach niche memory market: Structural shortages triggered by factory shutdowns, with SLC NAND prices expected to surge 120% within the year.

① Niche memory has taken over mainstream memory, with prices starting to rise sharply this year; ② Multiple market insiders predict that niche memory will continue to see aggressive price increases; ③ Domestic listed companies specializing in niche memory are mainly focused on the design segment, each excelling in specific fields.

cls.cnMay 15 13:33