A recent report from CITIC Securities suggests that the proportion of outstanding short selling in Hong Kong stocks, while slightly down from its mid-June peak, remains significantly elevated. As external and internal disturbances ease, a considerable decline in short selling is anticipated. The report recommends focusing on sectors with strong fundamentals and event-driven catalysts, such as innovative drugs, aviation, robotics, and industrial metals. Separately, the ongoing AI boom is driving demand for computing power, extending competition upstream to the supply chain. Large data centers are accelerating construction, creating new opportunities for traditional equipment like gas turbines. Microsoft's recent purchase of seven large gas turbines from GE Vernova for its Texas data centers highlights the high demand and limited supply, with prices increasing substantially over the past three years. AI
IMPACT The AI boom is driving significant demand for computing infrastructure, impacting traditional industries like energy equipment manufacturing.
RANK_REASON The item is a financial analysis and market commentary, not a direct release or significant industry event.
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