Guizhou Broadcasting & TV Information Network Co Ltd Surges on “East‑Data West‑Compute” Momentum
The Shanghai‑listed broadcaster Guizhou Broadcasting & TV Information Network Co Ltd (ticker 600996) has captured market attention with a two‑day rally that culminated in a 10.04 % intraday gain and a trading volume of 6.01 billion yuan on September 19, 2025. The climb coincides with the broader “East‑Data West‑Compute” narrative that has been gaining traction among investors.
Market Reaction and Trading Dynamics
On September 19, the stock opened at a price that already exceeded the 8‑day moving average, and the price quickly breached its 10‑day and 30‑day moving averages, indicating a sustained bullish trend. The 10‑day average of 8.99 yuan, the closing price at the time, was well above the 8‑day moving average of 7.83 yuan. This momentum pushed the stock to a 10.04 % gain, matching the performance of other “East‑Data West‑Compute” names such as Yingwik and Zhongguo Online.
The turnover rate of 5.44 % and the trading volume of 6.01 billion yuan reflect significant institutional interest. According to the trading data, the net inflow of foreign institutional capital—represented by the Shanghai–Shenzhen Stock Connect—was 25.83 million yuan, the largest single‑day net purchase among all stocks that day. The total net inflow from all large‑cap investors reached 291.5 million yuan, with a net inflow of 166 million yuan from large‑block orders and 19.8 million yuan from mid‑size orders.
“East‑Data West‑Compute” Context
The rally for Guizhou Broadcasting is part of a broader trend of stocks tied to the “East‑Data West‑Compute” policy, which encourages high‑performance computing resources to be concentrated in western China, while data storage and processing are located in the east. This policy has led to increased demand for digital infrastructure, broadcasting, and content delivery networks, sectors where Guizhou Broadcasting operates.
On September 22, the stock was reported to have posted a “two‑board” rally—an increase of two consecutive 10 % intraday gains—under the “East‑Data West‑Compute” theme. The article noted that other stocks in the same theme, such as Yingwik and Zhongguo Online, also rose, underscoring a sector‑wide rally.
Financial Snapshot
- Market Capitalization: 10.76 billion yuan
- Price‑to‑Earnings Ratio: –9.108 (negative earnings for the current period)
- 52‑Week High/Low: 11.20 / 7.32 yuan
- Close Price (2025‑09‑18): 8.99 yuan
Despite a negative P/E ratio—typical for a company investing heavily in infrastructure—the stock’s recent gains are driven by expectations of long‑term revenue growth from expanding broadband and on‑demand services.
Institutional and Regulatory Signals
A regulatory update on September 20 disclosed that the company’s indirect controlling shareholder had adjusted its state‑owned asset management structure. While the announcement did not contain operational details, it reassured investors that the corporate governance framework remains robust and aligned with state policy goals.
In addition, the stock’s performance contributed to a broader market narrative where 489 A‑shares crossed their five‑day moving average and 51 crossed their half‑year average, signalling a potential shift in investor sentiment toward growth‑oriented stocks.
Analyst Outlook
Analysts view the current price surge as a short‑term reaction to the policy narrative rather than a fundamental shift. They anticipate that Guizhou Broadcasting’s revenue will continue to grow as it expands its cable, satellite, and internet broadband services. However, they caution that the company’s negative earnings and high operating costs could temper valuation gains if the policy environment changes.
This article synthesizes publicly available financial data and market reports to provide a comprehensive view of Guizhou Broadcasting & TV Information Network Co Ltd’s recent performance within the context of China’s “East‑Data West‑Compute” initiative.