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Express News | Minister of Commerce Wang Wentao: Promote the consumption of large durable goods and advance 'Artificial Intelligence + Consumption.'
2025/26 Interim Report
Lenovo Group Stock Rallies 1.2% in Hong Kong
The concept of computing power hardware in Hong Kong stocks surged, with Baidu rising over 5%. Its subsidiary Kunlun Chip is reportedly planning an IPO in Hong Kong.
① The rise in Hong Kong stock's computing power hardware concept, what industry benefits are brewing? ② Baidu's Kunlun Chip is reported to go public in Hong Kong, what are the highlights?
Latin America Becomes China’s "Backyard" for AI Infrastructure: Lenovo, Alibaba, and ByteDance Establish a Tripartite Division
Author Lin Yi noted that a group of Chinese Internet companies are venturing 17,000 kilometers away in search of fertile and distant lands for development. On December 3, 2025, TikTok announced an investment of approximately USD 37.7 billion to build a large-scale data center complex in northeastern Brazil, marking its first major project in Latin America. The project will be entirely powered by clean energy from local wind farms, and the chosen site, as a hub for undersea telecommunications fiber optic cables, enables efficient connectivity between South America and regions such as Europe and Africa. In September 2025, Alibaba Cloud also announced plans to build a new data center in Brazil while expanding its existing facility in Mexico. Earlier in February, Alibaba Cloud Mex
Lenovo announces the expansion of its Neptune liquid cooling technology across its entire data center product portfolio.
On November 27, 2025, Lenovo officially announced the expansion of its Neptune liquid cooling technology across its entire data center product portfolio to address the growing computational demands and energy consumption pressures faced by modern data centers. On the same day this announcement was made, the trading systems of CME Group in Chicago, USA, were paralyzed due to a data center cooling failure, resulting in a suspension of trading in the global derivatives market for over 10 hours. This coincidence highlights the overwhelming pressure on traditional data center cooling systems amid the rapid surge in AI computing power. The sharp increase in power consumption and loss of energy control are pushing global digital infrastructure to the brink of 'thermal runaway.'