SUNEVISION Group (01686) rose over 10% before noon, with its stock price accumulating an increase of more than 30% this month. As of the time of writing, the stock was up 10.85%, trading at HK$6.13, with a turnover of HK$185 million.
According to a recent post on SUNEVISION's official WeChat account, the company will attend PTC'26 in Honolulu. At the PTC'26 event, the company will prominently showcase its new generation of AI-ready data center solutions, share successful customer case studies, and explore ways to help hyperscale cloud service providers and enterprise clients accelerate AI deployment and regional expansion, seamlessly connecting to the global interconnected ecosystem through its AI data platform. It is understood that this conference will be held from January 18 to January 21, 2026, in Honolulu, USA.
A previous research report from Kaiyuan Securities pointed out that the company has been deeply involved in the IDC industry in Hong Kong for 25 years, possessing the number one network interconnection service in Asia. Its major shareholder, Sun Hung Kai Properties, is one of Hong Kong's largest real estate developers. Backed by Sun Hung Kai Properties, the company holds advantages in land, power supply, financing, and engineering. Calculated by IDC square footage, the company held approximately a 33% share of the Hong Kong IDC market in the first half of 2024. As of the end of 2024, the company was operating eight data centers, with an operational IT power capacity of 103MW and a utilization rate of 88%.
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