HK Stock Market Move | SY Holdings (06069) surged more than 14% during trading, with the Shengyitong cloud platform connected to the DS large model. The company received support from the Wuxi Economic Development Zone for its computing power.

SY HOLDINGS (06069) rose over 14% during the trading session and, as of the time of writing, was up by 12.66% at 9.52 Hong Kong dollars, with a trading volume of 1.41 billion Hong Kong dollars. On the news front, after the deep integration of the "Sheng Yi Tong Cloud Platform" independently developed by SY HOLDINGS with the domestically sourced large model DeepSeek, the company has received strong support from the Wuxi Economic Development Zone in terms of intelligent computing resources, innovative application scenarios, and the AI industry ecosystem. With the integration of the DeepSeek large model, SY HOLDINGS will not only be able to provide more accurate and efficient inclusive financial services for small and medium-sized enterprises, but will also actively explore and develop capabilities in intelligent supplier management, supply chain business process automation, and intelligent decision support for inventory management, in order to develop and export smart supply chain empowerment capabilities, and work with industry supply chain partners to achieve digital development. In addition, recently, SY HOLDINGS has entered into a strategic partnership with Guangzhou Xindabad, and the two parties will deepen their cooperation in the fields of supply chain inclusive finance in the cross-border e-commerce sector, connecting the supply chain and ecosystem of cross-border e-commerce platforms, extending supply chain inclusive financial services from domestic to overseas, and supporting the global industrial supply chain expansion and global factory layout of "going global" enterprises. This strategic partnership marks a further acceleration in the implementation of the group's "going global" strategy.