---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39957399.md"
description: "Computing power leasing A-share Hongjing Technology has quadrupled this year. I didn't buy Xiechuang Data when it plummeted due to a black swan event a few days ago. Hong Kong stock Xunce Technology has increased tenfold this year. US stocks $Coreweave(CRWV.US)$Nebius(NBIS.US)$IREN(IREN.US) have risen a lot recently, but there's still potential if we consider the future increasing demand for tokens.US Stock Trio ↔ Domestic Counterparts (Xunce / Hongjing) 1. Core Counterpart Relationships - CoreWeave (CRWV)Logic: NVIDIA-bound, GPU computing power leasing, major clients OpenAI/MicrosoftDomestic counterpart: Hongjing Technology (computing power leasing, heavy-asset GPU cloud)- Nebius (NBIS)Logic: AI-dedicated cloud, full-stack computing infrastructure, large model service providerDomestic counterpart: Xunce Technology (AI data infrastructure, real-time data engine)- Iris Energy (IREN)Logic: Green power + low-cost computing, transitioning to AI cloudDomestic counterpart: Xunce + Hongjing combined logic (low-cost computing + data infrastructure) 2. One-Sentence Positioning - CRWV: King of AI Computing Power- NBIS: Europe's New AI Cloud Powerhouse- IREN: Green, Low-Cost Computing Power- Hongjing Technology: A-share pure-play computing power leasing high-beta stock- Xunce Technology: Hong Kong stock core AI data infrastructure counterpart   3. Identical Rally Logic 1. Overseas CRWV / NBIS / IREN have surged consecutively.2. Capital consensus: AI computing power & data infrastructure is the strongest theme this cycle.3. Domestic market seeks the most similar, purest, highest-beta plays:- Heavy-asset computing → Hongjing Technology- Data infrastructure / AI foundational services → Xunce Technology 4. Ultra-Simple Summary - NBIS + CoreWeave + IREN = Overseas AI Infrastructure Trio- Xunce Technology = Data infrastructure counterpart- Hongjing Technology = Computing power leasing counterpart This wave is a global AI infrastructure rally with internal and external resonance, hence the crazy surge on both sides. $GloryView(301396.SZ)$XUNCE(03317.HK)$Sharetronic Data(300857.SZ)https://xueqiu.com/8031840682/384165364https://longbridge.cn/topics/39953265?app_id=longbridge&utm_source=longbridge_app_share&share_track_id=700f4ad7-214c-4124-9f9c-38a2b454cedc&invite-code=4F0E52&locale=zh-CN&community_badge=1&profile_following_followers_activities=1"
datetime: "2026-04-16T06:15:50.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39957399.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39957399.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39957399.md)
author: "[双双2026](https://longbridge.com/en/profiles/17201815.md)"
---

# Computing power leasing A-share Hongjing Technolog…


### Related Stocks

- [IREN.US](https://longbridge.com/en/quote/IREN.US.md)
- [301396.CN](https://longbridge.com/en/quote/301396.CN.md)
- [03317.HK](https://longbridge.com/en/quote/03317.HK.md)
- [300857.CN](https://longbridge.com/en/quote/300857.CN.md)
- [CRWV.US](https://longbridge.com/en/quote/CRWV.US.md)
- [NBIS.US](https://longbridge.com/en/quote/NBIS.US.md)