GBA AI COMP (01396) surged over 12%, last trading up 11.62% at HKD 10.28, with turnover reaching HKD 25.4873 million.

On the news front, overnight US cloud and leasing stocks rallied. Among the three major US cloud providers, Microsoft rose nearly 5%, while Alphabet gained over 4%. Amazon's market capitalization surpassed $3 trillion for the first time, hitting a record high, after its earnings report exceeded market expectations. Computing power leasing company Nebius climbed over 11%, and CoreWeave jumped more than 19%.

The AI industry has transitioned from mere capital expenditure expansion into the ROIC (Return on Incremental Capital) verification phase. Guohai Securities believes that the medium- to long-term growth logic for the computing power leasing sector is relatively certain, and the sector has entered a dividend period of earnings release.

Notably, in the AI computing power infrastructure track, GBA AI COMP is rapidly gaining recognition and capital from the market. The company's early July announcement showed that as of June 30, it had added over RMB 2 billion in new AI computing power cloud service orders. On July 21, its subsidiary Shenzhen Hongrui signed two financing lease agreements with Puyin Financial Leasing, with total financing of approximately RMB 1.185 billion. The latest agreement was for about RMB 790 million, with a lease term of up to 62 months.

In just the first 20 days of July, the scale of new orders locked in and entering the delivery phase rivaled the actual delivery volume for the entire first half of the year, indicating a significant acceleration in delivery pace.