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The computing power leasing sector continues to surge, with Litong Electronics hitting the daily limit
The computing power leasing sector continues to rise, with Nanling Technology reaching a new high during the trading session, Litong Electronics hitting the daily limit, Shunwang Technology up over 15%, Wangsu Technology up over 10%, and Halo New Network, Qingyun Technology, UCloud, Chuangye Black Horse, and Capital Online following suit. Regarding related ETFs, the GF Cloud Computing ETF (159527) increased by 2.07% with a trading volume of 8.3141 million yuan, and the Cloud Computing ETF (159890) rose by 1.98% with a trading volume of 29.8035 million yuan. On the news front, domestic internet companies’ capital expenditures are expected to be significantly revised upward, with major firms like Alibaba, ByteDance, and Tencent increasing their spending to confirm strong demand for computing power.