A-shares related to AI computing power experienced a collective surge following simultaneous price increase announcements from Alibaba and Baidu. Tongniu Information surged by the 20% daily limit, while Hongjing Technology rose over 16%. Kaitian Gas climbed 15%, and Lotus Holdings, Jinkai New Energy, Litong Electronics, and Auroda all hit the 10% daily limit. Jiechuang Intelligent advanced more than 9%, with Hengrun Shares and Eastone Beckoning rising over 8%. Raisecom, Yakang Shares, and Shunho increased more than 7%, and Hangyu Micro gained over 6%.

Alibaba Cloud announced on its official website that due to surging global AI demand and rising supply chain costs, it will increase prices for its AI computing power and storage products by up to 34%.

Shortly after, Baidu Intelligent Cloud issued a notice adjusting prices for its AI computing and storage services. The company cited rapidly growing global AI applications and a continuous rise in computing demand, alongside significant cost increases for core hardware and related infrastructure. To ensure long-term platform stability and service quality, Baidu will implement a structural optimization of pricing for certain products. AI computing-related services will see increases of approximately 5% to 30%, while parallel file storage and similar services will rise by about 30%. The new pricing will take effect starting at 00:00 Beijing Time on April 18, 2026.