Shares of GBA AI COMP (01396) have risen by more than 8%. At the time of writing, the stock is up 8.83% to HK$13.68, with a trading volume of HK$94.347 million.

The company completed a full acquisition of Shenzhen Tiandun Data Technology in October last year. Combined with the restructuring of US$439 million in senior notes completed in June 2025, the group has implemented a three-step strategy for transformation: reducing debt and leverage, building a computing power engine, and introducing state-owned capital.

It is believed that the company's official name change to "GBA AI COMP Technology" marks the complete transition from traditional infrastructure to an AI computing power infrastructure platform. Based on its existing high-value orders exceeding 15 billion yuan and its scarce computing power resources, a target price of HK$23.08 has been set, indicating significant potential upside from the current market valuation.

Another view is that GBA AI COMP possesses revaluation potential due to Tiandun Data's ten-thousand-card cluster capabilities, key client resources, and an optimized financial structure following debt-to-equity swaps. More importantly, post-transformation, the company has formed a high-quality combination of "low-debt finance and high-growth intelligent computing," offering both the stability of a traditional business transformation and the growth prospects of the technology sector. As the company's business structure improves, growth expectations may gradually materialize in its 2026 financial performance.