-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Guangdong-Hong Kong Bay Smart Computing (01396) rose by more than 7%, and institutions with manual computing power orders exceeding 37 billion dollars and strong fulfillment capacity are optimistic that the target price will reach HK$36
Share
Listen to the news

The Zhitong Finance App learned that Guangdong-Hong Kong Bay Intelligent Computing (01,396) rose more than 7% in the intraday period. As of press release, it had risen 5.94% to HK$11.06, with a turnover of HK$22.718,500.

According to the news, Guangdong-Hong Kong Bay Intelligent Computing previously revealed its 2026 interim results. Its planned AI computing power orders exceeded 37 billion yuan, of which the orders already delivered and stably billed exceeded 20 billion yuan. From the beginning of 2026 to the mid-term report, the company added more than 22 billion yuan of intended orders, of which more than 95% included customer advance payments, demonstrating that customers highly recognized the company's delivery capabilities. The company currently has stable FP16 computing power exceeding 50,000 PFLOPS, and is firmly at the top of the industry.

According to the Taiming Securities Research Report, the target price for 12 months is HK$36 for maintaining the Guangdong-Hong Kong Bay Intelligent Calculation's “buy” rating. The bank believes that the continuous expansion of the billing base supports the rapid growth of the company's profits, the extension of the service network and the development of token services will open up room for growth, and the improvement in transaction liquidity is expected to further drive the company's value revaluation. In 2026-2028, the Group's net profit is expected to reach 675 million yuan, 1,315 billion yuan and 2,806 billion yuan, a compound increase of 103.9% over the two years.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending