Cloud computing enters a period of intensive price increases, with the sector experiencing a surge in limit-up stocks. Leveraged funds have already bet on multiple stocks ( list )

On the morning of February 27, the cloud computing sector continued to rise. By midday, Puyuan Information hit the 20% limit-up, with multiple stocks such as Tuowei Information, Chengdi Xiangjiang, Yunsai Intelligent, and Fenghuo Communications also hitting the daily limit. Yuntian Lifeng, Capital Online, Shunwang Technology, and Haoyun Technology rose over 10%.

European Leading Data Center Operators Again Raise Prices

Recently, Hetzner, one of Europe’s largest data center operators and cloud service providers, announced that due to significant cost increases across multiple IT sectors, it will raise prices for all products and services starting April 1, including cloud services, dedicated servers, storage, and load balancers.

This price adjustment will affect new orders and existing subscribers at its data centers in Europe, the US, and Singapore. Cloud service prices in Germany and Finland will increase by 30% to 38% depending on configuration levels; US-based CCX dedicated vCPU cloud server prices will generally rise by about 30%.

Notably, this is Hetzner’s second price hike this month. On February 2, the company increased one-time setup fees for dedicated servers. Prior to this, European cloud providers OVHcloud, Amazon Web Services (AWS), Google Cloud, and domestic companies such as Wangsu Technology and UCloud had also announced price increases.

Additionally, industry data further confirms the exponential growth in domestic computing power demand.

Data from OpenRouter, the world’s largest AI model API aggregation platform, shows that from February 9-15, Chinese models with 41.2 trillion tokens in calls surpassed US models with 29.4 trillion tokens for the first time. The week of February 16-22 saw Chinese models’ weekly calls surge to 51.6 trillion tokens, a 127% increase over three weeks.

Institutions: Cloud Computing Vendors May Experience Valuation Restructuring

According to Zhongyan Research Institute, China’s IDC market is expected to reach approximately 430 billion yuan by 2026, surpass 550 billion yuan by 2028, and hit 650-680 billion yuan by 2030, with a five-year compound annual growth rate of about 18%. The intelligent computing center market is growing fastest, with an annual growth rate exceeding 30%.

Industry experts believe that the global cloud service price hikes resonate with the explosive demand for domestic AI computing power. The rise of large domestic models enhances global competitiveness, driving demand for cloud infrastructure. Companies with autonomous computing bases and overseas deployment capabilities have a competitive edge.

A recent report from Bank of China Securities pointed out that as model capabilities improve, agents and multimodal applications are entering a deep development phase. The rising cost of computing power signals supply bottlenecks, and the industry chain is expected to benefit continuously.

CITIC Securities notes that the explosive growth of tokens essentially reflects the exponential expansion of AI inference demand. Domestic computing power, with its cost advantages and improving ecosystem, is expected to gradually dominate infrastructure. Focus should be placed on valuation revaluation opportunities driven by increased inter-node connectivity.

Guolian Minsheng Securities also believes that sustained AI demand is causing a sequential price increase across the AI industry chain, and cloud computing and supporting service providers are likely to see valuation restructuring.

Multiple Concept Stocks Attract Financing This Month

According to Eastmoney’s concept sector data, currently, 231 A-share stocks are involved in the cloud computing concept, with a total market value exceeding 10 trillion yuan, including giants like China Mobile and Industrial Fulian, both with over 1 trillion yuan market cap, as well as Zhongji Xuchuang, China Telecom, Lankui Technology, and ZTE Corporation.

Since 2026, about 70% of cloud computing concept stocks have seen stock price increases. Leading gains include Litong Electronics, Wangsu Technology, and ST Saiwei. Many stocks such as Far East Shares, Dawei Technology, Zhuoyi Information, Massive Data, and Zhongtian Technology have increased by over 50% in the period.

In terms of funds, Eastmoney’s Choice data shows that in February, 63 cloud computing concept stocks received net financing inflows. Fifteen stocks had net financing exceeding 100 million yuan, with Cambrian receiving an additional 1.478 billion yuan of leverage funds. Wangsu Technology, Century Huatong, and Dawei Technology attracted 525 million, 460 million, and 324 million yuan respectively. Data港 and Yanshan Technology each had net financing over 200 million yuan.

At the end of January, Wangsu Technology reported that it had built over 2,800 nodes globally, covering more than 90 countries and regions, ensuring fast, secure, and stable access. The company continues to develop distributed edge computing platforms and is positioning itself through its subsidiary Aijie Cloud’s computing cloud services, participating in current market opportunities.

Dawei Technology, a leading domestic internet IDC service provider, was highlighted in a recent Guohai Securities report for leveraging its “source-network-storage integration + AIDC customization” strategy, focusing on new computing infrastructure, and benefiting from its core regional resource advantages amid rapid growth in intelligent computing services.

(Article source: Eastmoney Research Center)