Sungrow Power Supply (300274.SZ) jumps on AI data-centre power push as China traders brace for new margin rules
Sungrow Power Supply’s Shenzhen-listed shares rose 3.34% to 170.99 yuan Friday after the company said it is expanding into AI data-centre power supply and expects initial deliveries by 2026. Broker coverage and investor interest in infrastructure for artificial intelligence fueled gains. The Shanghai Composite fell 0.26%. New margin-financing rules take effect Jan. 19.