On July 7, Lopal Tech (02465.HK) rose 5.48% in regular trading, trading at HK$12.49/share, with turnover of HK$40.72 million. The stock rebounded sharply after falling 5.1% in the prior session.
The rally appears driven by continued market enthusiasm around the company's AI data center liquid cooling business. Lopal Tech's controlled subsidiary Dike Chemical recently secured Huawei technical certification for its data center cooling liquid products, being listed in the official deployment requirements catalog as one of only three vendors completing full compatibility testing with Huawei liquid cooling cabinets. The product reportedly helps reduce data center PUE to below 1.2. Institutional estimates project the liquid cooling segment could generate RMB 1.2 billion in revenue for the full year, with gross margins approaching 46%.
Additionally, the broader data center liquid cooling market is projected to reach RMB 942 billion this year, with 56.8% growth expected next year, providing strong sector tailwinds for Lopal Tech's expanding business.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)