The computing power leasing sector continued to rebound in the afternoon, with Hongbo Co., Ltd. hitting the daily limit.

The computing power leasing sector continued to rebound in the afternoon, with Hongbo Co., Ltd. hitting the daily limit. UCloud, Qunxing Toys, and Ningbo Construction previously hit the daily limit, while Qingyun Technology and Shunwang Technology led the gains. On the news front, IDC predicts that by 2026, the global computing power leasing market will surpass $80 billion, with a compound annual growth rate of over 25%. Zhongyan Puhua Industry Research Institute forecasts that by 2026, China’s potential revenue market for computing power leasing could reach 260 billion yuan, growing rapidly at over 20% annually.

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