Hong Kong stocks are moving | The Datacenter Sector is rising significantly. GDS-SW (09698) has risen over 17%. IDC Operation business performance and valuation are expected to increase significantly.

The Datacenter Sector rose across the board. As of the time of publication, GDS-SW (09698) increased by 17.11% to HKD 37.65; Kingsoft Cloud (03896) rose by 6.86% to HKD 8.72; SUNEVISION (01686) went up by 3.53% to HKD 8.21; China United Network Communications (00762) increased by 3.48% to HKD 9.51.

Zhitong Finance20:44 ET

Hong Kong stocks Concept tracking | Hainan Huatie's subsidiary signed a 3.69 billion computing power service agreement, triggering an investment frenzy (with Concept stocks).

Hainan Huatie announced yesterday that its subsidiary signed a five-year computing power service agreement with Hangzhou X Company for 3.69 billion yuan.

Zhitong Finance20:33 ET

Express News | China Says to Promote Integrated Advancements in Technological and Industrial Innovation - Official Report

Reuters19:23 ET

Hong Kong stock morning report | The USA fires the first shot in a comprehensive trade war, the three major US stock indices fall while Chinese concept stocks rise against the trend.

① The USA's tariff measures against Mexico and Canada officially took effect on Tuesday, after which both Canada and Mexico launched a comprehensive counterattack. The US Secretary of Commerce stated that Trump is considering reducing some tariffs on Mexico and Canada. ② China has continuously introduced countermeasures against the USA. ③ Zelensky stated he is ready to sign agreements with the USA regarding minerals and security at any time. ④ The three major US stock indexes fell on Tuesday, while most China Concept Stocks rose against the trend.

cls.cn18:16 ET

US stock market closing: USA launches a full-scale trade war, stock indices fluctuate dramatically and collectively fall.

① Most China Concept Stocks closed up, the Nasdaq China Golden Dragon Index rose by 1.95%; ② Apple launched the iPad Air with M3 chip and new Magic Keyboard; ③ Canada announced it will impose a 25% tariff on US commodities worth 155 billion Canadian dollars; ④ The US Secretary of Commerce stated that Trump may cut tariffs on both the USA and Mexico tomorrow.

cls.cn17:17 ET

Kingsoft Cloud (03896.HK) will hold a Board of Directors meeting on March 19 to approve the fourth quarter performance.

Gelonghui, March 4th | Kingsoft Cloud (03896.HK) announced that the Board of Directors meeting will be held on March 19, 2025, to consider and approve (i) the unaudited fourth-quarter results for the three months ending December 31, 2024, of the company, its subsidiaries, and consolidated affiliated entities, along with their release, and (ii) the unaudited annual results for the group for the year ending December 31, 2024, along with their release.

Gelonghui FinanceMar 4 05:57 ET