GBA AI COMP

Greater Bay Area AI Computing Tech staged a rally that peaked in the afternoon session before pulling back, closing up 3.48% at HK$13.08, still 34.11% below the 52-week high of HK$19.85 but with a year-to-date surge of 153%, well above both the 20-day MA (HK$13.062) and 60-day MA (HK$12.384). The intraday range stretched from a low of HK$12.65 to a high of HK$13.47, with total turnover of HK$40.81 million, significantly higher than the prior session. The company recently completed a HK$277 million fundraising to accelerate its AI cloud push and previously forecasted a profit for 2025 after a net profit turnaround of RMB 73.05 million, however Q4 revenue still fell 53.51% YoY to HK$430.5 million with a net loss of HK$497.9 million, leaving the stock trading at a trailing PE of 252.31x and PB of 4.67x, suggesting the path to sustained profitability remains challenging.