Hong Kong Stock Alert | EVA HOLDINGS (00838) Surges Over 6% in Late Trading as Server Chassis Business Benefits from AI Capital Expenditure Wave, Company Enters Huawei Supplier System

Stock News10-08

EVA HOLDINGS (00838) surged over 6% in late trading. As of press time, the stock was up 6.67% to HK$1.28, with trading volume reaching HK$15.4839 million.

On the news front, Citi recently significantly raised its AI capital expenditure forecasts, stating that AI infrastructure deployment is accelerating rapidly. A previous research report indicated that EVA's Mexico factory revenue continues to grow and has achieved profitability for two consecutive years, potentially benefiting from more OEM business and new tariff policies.

Additionally, Huawei and xFusion are the largest customers for EVA's server chassis business, and EVA has entered Huawei's main supplier system for sheet metal structural components, which means its market share could increase significantly going forward.

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