The signal for price increase in cloud-based services has appeared, signaling the start of an upward cycle in computing power.
With the gradual release of deep thinking models such as Deepseek R1 and openAI o1/o3, the demand for high-performance computing on the inference side is rapidly being unleashed, leading to a rapid expansion of Capex by major companies like Alibaba and Tencent, with a quarterly capital expenditure increase of over 250% in Q4 2024, marking the formal entry of the cloud upstream into a new upward cycle.
The seventh case this year! Insurance capital continues to raise stakes, Ruizhong Insurance increases its stake in China CITIC Bank Corporation Listed in Hong Kong.
The latest information from the Hong Kong Stock Exchange's disclosure shows that on March 12, Ruizhong Insurance increased its shareholding by 3 million shares of China CITIC Bank Corporation Listed in Hong Kong, reaching 5% of the bank's H-share capital on that day, triggering the notification according to Hong Kong market regulations.
Express News | DeepSeek-R2 will be released on March 17, and there has been no official response yet.
Express News | Is it the first time considering raising external funds? DeepSeek representatives refute the rumors: all financing news is false.
Counter-cyclical layout of high-performance fluorinated New Materials, Zhejiang Juhua invested 4.2 billion yuan to increase its stake in Gansu Juhua | Quick Announcement
① After the completion of the high-performance fluorinated new materials project, the average annual sales revenue will be 8.211 billion yuan, with an average annual net income of 1.068 billion yuan; ② Zhejiang Juhua stated that the high-performance fluorinated new materials project is an urgent need for Zhejiang Juhua to maintain its leading position in fluorinated refrigerants and fluoropolymers; ③ In recent years, market competition in fluoropolymers has been fierce, being at the bottom of the industry cycle, and major domestic fluorochemical competitors have been approaching resource areas.
At the time of divesting from photovoltaics, China Suntien Green Energy Corporation's Listed in Hong Kong saw a capital increase from Great Wall Life Insurance.
On February 14, the Hong Kong Stock Exchange revealed that China Suntien Green Energy Corporation's H shares were increased in shareholding by Great Wall Life Insurance on February 12, involving an investment of 9.344 million Hong Kong dollars; after the increase in shareholding, ...