HK Stock Market Move | VSTECS (00856) is now up more than 6%. The company's forward-looking layout in Southeast Asia, including emerging businesses such as AI and cloud computing, is expected to drive profitability.

VSTECS (00856) is now up more than 6%, with a gain of 6.39% at the time of writing, trading at HK$6.33, with a turnover of HK$18.3181 million. On the news front, the 2025 Digital Infrastructure Technology Exhibition will be held in Singapore from April 23 to 25, with the "China-Southeast Asia Digital Infrastructure Cooperation Forum" held on the morning of April 23. Guotai Junan pointed out the growing importance of Southeast Asia in global data centers. Since 2025, leading global cloud providers have continued to accelerate their investment in digital infrastructure in Southeast Asia. China Aviation Securities noted that VSTECS' performance in the 24 years has been impressive. In the future, its advantageous development in Southeast Asia, as well as emerging businesses such as AI and cloud computing, will continue to drive the company's overall profitability. Guotai Junan also pointed out that as a top supplier to Alibaba, Huawei, Tencent, and KINGOFT CLOUD, VSTECS has the ability to support and supply materials for any enterprise looking to improve cloud services. Therefore, VSTECS' high-profit sectors, namely cloud and IT supply, are expected to achieve a compound annual growth rate of over 25% in the next three years, doubling its earnings per share by 2027.