Envicool climbs on report Google in talks to buy equipment for data centres

Shares of Chinese precision temperature control and energy-saving solutions provider Shenzhen Envicool Technology 002837.SZ climb 6% to 107.33 yuan

Alphabet's Google GOOGL.O is in talks with Envicool 002837.SZ and other Chinese firms about buying liquid cooling equipment for data centres, Reuters reports, citing people with knowledge of a visit to China by one of the U.S. firm's procurement teams

Liquid cooling systems have become critical in AI data centers as the high-density computing generates more heat than a traditional air cooling system can handle

YTD, stock slips 1%, benchmark CSI300 Index .CSI300 down 0.2%