On March 5, it was reported that the shares of power equipment companies in the Hong Kong stock market were among the top gainers. As of the time of writing,$SH ELECTRIC (02727.HK)$up more than 10%,$DONGFANG ELEC (01072.HK)$、$WEICHAI POWER (02338.HK)$rose more than 8%,$HARBIN ELECTRIC (01133.HK)$、$SINOHYTEC (02402.HK)$and MARA Holdings and Coinbase climbing over 7%.
In terms of news, on March 4, seven major technology giants—Amazon, Google, Meta, Microsoft, xAI, Oracle, and OpenAI—will gather at the White House to formally sign the “Pledge to Protect Electricity Payers” announced by Trump in his State of the Union address. This marks that the issue of AI electricity consumption has escalated from an internal industry technical concern to a national policy agenda.
Dongwu Securities released a research report stating that with the explosive growth of AI computing power, the electricity supply gap in the United States is widening, leading to a surge in demand for power sources. Concentrated Solar Power (CSP) companies are stepping in to build their own power sources, with gas turbines as the first choice, followed by photovoltaic storage. Chinese companies will benefit from the booming construction of power infrastructure in the United States. The report strongly recommends Dongfang Electric, the core player in gas turbines, and suggests paying attention to Hailianxun, Harbin Electric, and Shanghai Electric.
Editor/Melody
