GD-HKGBA HLDGS (01396) rose more than 6% again, bringing its cumulative gain for the month to over 40%. At the time of writing, the stock was up 6.18%, trading at HK$8.76, with a turnover of HK$98.74 million.
Following its announcement last October to acquire Tiandun Data, the company has completed a substantial transformation from a real estate model to a scarce asset-based AI computing infrastructure platform. The company's net profit swung dramatically from a significant loss of approximately RMB 2.0413 billion in fiscal year 2024 to an attributable net profit of around RMB 73 million in fiscal year 2025.
Financial reports indicate that Tiandun Data contributed approximately RMB 616.7 million in revenue within just over two months after consolidation, accounting for 61.5% of the group's total revenue. Taiping Securities previously noted that, considering factors such as asset scarcity, adjustments for liquidity premiums, and development flexibility, there remains significant room for a revaluation of the company's worth. The firm assigned a "Buy" rating and listed GD-HKGBA HLDGS as one of its top picks in the Chinese AI sector.
Comments