AH shares rose, with the Hang Seng Tech Index up nearly 3%, and Alibaba surged over 9%, driving computing power to take off
A-share Alibaba Cloud concept stocks opened sharply higher, with Zhongheng Electric, Zhejiang University Network New, Data Port, and Runjian Co., Ltd. hitting the daily limit, Aofei Data rising over 10%, and Yimikang, Ruijie Networks, and Yakang Co., Ltd. also following suit
On February 21st, Friday, AH shares rose, with the Hang Seng Index up nearly 3%.
As of the time of publication, the Shanghai Composite Index rose by 0.06%, the Shenzhen Component Index rose by 0.53%, and the ChiNext Index rose by 0.56%.
As of the time of publication, the Hang Seng Index rose by 2.04%, and the Hang Seng Tech Index rose by 2.94%.
【9:36】
Government bond futures opened, with the 30-year main contract down by 0.34%, the 10-year main contract down by 0.02%, the 5-year main contract up by 0.03%, and the 2-year main contract up by 0.05%.
A-shares related to Alibaba Cloud opened sharply higher
Zhongheng Electric, Zhejiang University Network New, Data Port, and Runjian Co., Ltd. hit the daily limit, AoFei Data rose over 10%, and YiMiKang, Ruijie Networks, and Yakang Co., Ltd. also followed suit.
Hong Kong stocks Alibaba rose over 9%
Alibaba announced financial results that exceeded expectations, with net profit increasing by 333% year-on-year. Alibaba CEO Eddie Wu stated that in the next three years, Alibaba will increase investment in three areas: AI and cloud computing infrastructure, AI foundational model platforms and AI-native applications, and AI transformation of existing businesses, with expected investment exceeding the total of the past ten years.
