HK Stock Market Move | ChinaSoft International (00354) is now up more than 4%. Mate 70 series may be equipped with the native Hongmeng system. The company is expected to fully benefit from the development of pure Hongmeng.

China Soft International (00354) is now up more than 4%, as of press time, up 4.08% to 6.37 Hong Kong dollars, with a trading volume of 311 million Hong Kong dollars. On the news front, on November 4th, Huawei's Executive Director, Chairman of the Terminal Business, and Chairman of the Intelligent Automotive Solutions Business Unit, Yu Chengdong, posted on Weibo, "The most powerful Mate in history! See you in November!" This news once again pushed the Huawei Mate 70 series flagship smartphones into the hot search. The Huawei Mate 70 series smartphones may be launched with the native Hongmeng operating system, further consolidating Huawei's position in the high-end smartphone market and accelerating the commercialization of the native Hongmeng. It is understood that the Huawei Mate 70 series smartphones have entered full-scale production, with many listed companies deeply involved. Guosen believes that the pure-blood Hongmeng market has huge potential, and China Soft International, as a diamond service provider for Hongmeng native application development and training, fully benefits from the development of pure-blood Hongmeng; the company is deeply bound with Deepin Hong, jointly promoting Hongmeng industry solutions, and is expected to gradually release its performance. CITIC SEC also stated that it is optimistic about the increased penetration rate of Hongmeng OS and the continuous acceleration of the software ecosystem formation, with Hongmeng ecosystem partners expected to embrace development opportunities.