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AAC TECH Soars 4%+ as M Stanley Says New CDU Products Enter Mass Production to Capture AI Infra Growth Opportunities
2026-05-13 09:57:30 AAC TECH (02018.HK) opened 0.93% higher today, hitting a peak of HKD40.82. It last traded at HKD40.62, up 4.42%, with turnover of 3.3905 million shares, involving HKD136 million. Morgan Stanley published a research report noting that JYUNDSE16, a subsidiary of AAC TECH, has just begun large-scale production of its new Cooling Distribution Unit (CDU) - the ATAHORAN 2.2MW/2.6MW products - with current monthly production capacity reaching 400 units. The CDU products are specifically designed for AI data centers, with the first batch of shipments already deployed in existing facilities in Shanghai, Guangzhou, Zhuhai and Shenzhen. The broker believed this development carries positive strategic significance for AAC TECH, helping the company capture new growth opportunities arising from global AI infrastructure construction. Morgan Stanley maintained an Overweight rating on AAC TECH, with a TP of HKD42. ~ AASTOCKS Financial News Website: www.aastocks.com | |