HK Stock Market Move | China Soft International (00354) is now up more than 5%, as Huawei and Inspur receive multiple catalysts. The company's business is expected to achieve development beyond expectations.

ChinaSoft International (00354) is now up by over 5%, as of press time, up by 5.21% to HK$4.24, with a turnover of HK$45.6074 million. On the news front, Huawei's HarmonyOS NEXT, a completely self-developed, native security, and native intelligent HarmonyOS system, will be officially launched at the end of September this year, according to Chen Xinxin, general manager of Huawei's Hongmeng industry solution. Guosen Securities pointed out that recently, Huawei and Xinchuang have experienced strong resonance in multiple aspects such as HarmonyOS and domestic computing power, and the industrial logic continues to be validated. It is expected that the industrial trend will continue to strengthen. Guotai Junan previously pointed out that ChinaSoft International's performance is gradually stabilizing, with continuous strengthening of cost control, multiple emerging businesses blossoming, and the market warming up. The bank pointed out that the company is actively promoting the landing of self-controllable products and services in various business lines. With the continuous release of the demand for self-controllable products from key industry customers, the company's business is expected to achieve development beyond expectations.