Hong Kong stock movement: KINGSOFT CLOUD rises over 10%, market optimism surges ahead of the board meeting!

Hong Kong Stock Movement KINGSOFT CLOUD rose over 10%. Based on recent key news: On May 11, KINGSOFT CLOUD announced that it will hold a board meeting on May 27 to review the unaudited quarterly financial report for the period ending March 31. This news has sparked positive expectations in the market regarding the company's performance, driving the stock price up. Source: Hong Kong Stock Exchange announcement. There have been no other significant news recently. The technology sector has shown strong performance lately, with noticeable capital inflows. Stocks with High Trading Volume in the Industry GDS Holdings Limited rose 5.01%. Based on recent news: On May 13, Southern Fund Management Co., Ltd. announced the first dividend plan for the Southern GDS Data Center Closed-End Infrastructure Securities Investment Fund for the year 2025. The announcement indicated that the proposed distribution amount is 92 million yuan, accounting for 99.9365% of the distributable amount as of the benchmark date. This news boosted market confidence, driving the stock price up. On May 8, GDS Holdings Limited's MACD daily line formed a bullish signal above the zero axis, indicating a moderately bullish mid-term trend direction, with buying power gradually accumulating. The trading volume was approximately HKD 219 million, showing a resurgence of market interest in the data center sector. Technically, the stock price has stabilized and rebounded after previous adjustments, with short-term moving averages beginning to turn upward. NVIDIA announced a $2.1 billion investment in expanding data centers and signed a $3.4 billion AI cloud contract, igniting market enthusiasm for global data center expansion demand. GDS Holdings has a strong layout of quality data center resources in the domestic market, and under the backdrop of explosive demand for AI large model training and inference computing power, its capacity utilization and new orders are expected to continue improving. The AI industry catalyzes growth in data center stocks, and valuation elasticity should be noted. Neway Group rose 3.43%, with a trading volume of HKD 6.04 million, and there has been no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. Jimi Technology rose 3.24%, with a trading volume of HKD 60,800, and there has been no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation. Stocks with High Market Capitalization in the Industry YunGongChang has a market capitalization of HKD 1.558 billion, and there has been no significant news recently. The trading is active, with clear capital flows. Considering the sector and industry trends, this stock shows significant volatility, and specific reasons need further observation