Hong Kong Stocks Movement | Data Center Stocks Rise: GDS-SW (09698) Up Over 5%, SUNEVISION (01686) Gains Over 4%
Stock News
Dec 09
Data center stocks saw an upward trend in early trading. As of press time, GDS-SW (09698) rose 5.44% to HK$36.04, while SUNEVISION (01686) climbed 4.01% to HK$5.19.
The rally follows reports that the U.S. government will allow NVIDIA to sell its H200 AI chips to China, albeit with certain fees per chip. Additionally, Goldman Sachs upgraded its outlook on the cloud and data center sector, citing sustained AI-driven demand for training and inference, as well as positive trends in hyperscalers' multi-chip strategies and data center expansion.
Goldman Sachs specifically highlighted GDS-SW as a preferred stock in the sector. For more updates on Hong Kong stocks and global investment insights, visit the relevant financial platforms.
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