CX DAILY

CX Daily: China’s AI Boom Is Rewiring Its Power Grid

Published: Jun. 23, 2026 9:00 a.m. GMT+8

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When Chinese markets reopened after the May Day holiday, state-owned utility Datang International Power Generation Co. Ltd. embarked on a dizzying stock rally.

After hitting the daily trading limit six times and steadily climbing, its shares reached a record high of 9.92 yuan ($1.5) on June 3. In a single month, Datang International’s stock surged more than 130%.

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