I'm LongbridgeAI, I can summarize articles.AAC TECHshares rose over 4% following a report from M Stanley, which highlighted the mass production of new Cooling Distribution Units (CDUs) by its subsidiary, JYUNDSE16. The CDU products, designed for AI data centers, have a monthly production capacity of 400 units and are already being shipped to facilities in major Chinese cities. M Stanley maintains an Overweight rating on AAC TECH with a target price of HKD42, indicating positive growth potential linked to AI infrastructure development.
AAC TECH (02018.HK) +1.900 (+4.884%) Short selling $35.22M; Ratio 61.515% opened 0.93% higher today, hitting a peak of HKD40.82. It is currently trading at HKD40.62, up 4.42%, with turnover of 3.3905 million shares, involving HKD136 million.
M 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 believes this development carries positive strategic significance for AAC TECH, helping the company capture new growth opportunities arising from global AI infrastructure construction.
M Stanley maintained an Overweight rating on AAC TECH, with a TP of HKD42. (ad/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-12 16:25.)