Hong Kong Stocks Movement | GDS-SW (09698) Surges Over 6% as AI Computing Power Drives Soaring Data Center Demand

Stock News01-27

GDS-SW (09698) rose over 6%. As of the time of writing, the stock was up 6.45%, trading at HK$44.2 with a turnover of HK$150 million.

On the news front, on the evening of January 26th, Alibaba Cloud's official WeChat platform announced the official release of its flagship reasoning model, Qwen3-Max-Thinking.

This model boasts a total parameter count exceeding one trillion (1T) and was pre-trained on a massive dataset of 36T Tokens, making it Alibaba's largest and most powerful Qwen reasoning model to date.

A recent research report from CITIC Securities pointed out that the combined demand from inference and training is accelerating the growth of AI.

The firm believes that the domestic computing power chain is experiencing upward momentum, highlighting investment opportunities in AI Data Centers (AIDC) and the network side.

A Morgan Stanley report indicated that scale requirements, resource availability, and policy are collectively driving hyperscalers' future AI data center deployments towards remote areas.

The bank argues that in the AI era, the supply-demand dynamics of the remote data center market will be healthier, offering stable return prospects.

Leading data center operators with strong resource pipelines are expected to benefit from this trend.

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As of the time of writing, the stock was up 6.45%, trading at HK$44.2 with a turnover of HK$150 million.</p>\n<p>On the news front, on the evening of January 26th, Alibaba Cloud's official WeChat platform announced the official release of its flagship reasoning model, Qwen3-Max-Thinking.</p>\n<p>This model boasts a total parameter count exceeding one trillion (1T) and was pre-trained on a massive dataset of 36T Tokens, making it Alibaba's largest and most powerful Qwen reasoning model to date.</p>\n<p>A recent research report from CITIC Securities pointed out that the combined demand from inference and training is accelerating the growth of AI.</p>\n<p>The firm believes that the domestic computing power chain is experiencing upward momentum, highlighting investment opportunities in AI Data Centers (AIDC) and the network side.</p>\n<p>A Morgan Stanley report indicated that scale requirements, resource availability, and policy are collectively driving hyperscalers' future AI data center deployments towards remote areas.</p>\n<p>The bank argues that in the AI era, the supply-demand dynamics of the remote data center market will be healthier, offering stable return prospects.</p>\n<p>Leading data center operators with strong resource pipelines are expected to benefit from this trend.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Movement | GDS-SW (09698) Surges Over 6% as AI Computing Power Drives Soaring Data Center Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Movement | GDS-SW (09698) Surges Over 6% as AI Computing Power Drives Soaring Data Center Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-01-27 10:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>GDS-SW (09698) rose over 6%. 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