HK Stock Market Move | CLOUD FACTORY(02512) rose nearly 10%, institutions say there are vast opportunities for the development of the domestic AI industry chain.

CLOUD FACTORY (02512) rose nearly 10%, rising 9.81% at the time of publication, to 4.03 Hong Kong dollars, with a turnover of 27.5453 million Hong Kong dollars. Public information shows that CLOUD FACTORY Technology is one of the earliest data service providers in China. In the field of artificial intelligence, CLOUD FACTORY Technology, based on its strong cloud capabilities, has built an ultimate computing efficiency system in terms of machines, algorithms, networks, storage, and cloud, upgrading the edge computing platform to provide computing power support from infrastructure services to end-to-end solutions for AI applications. Recently, the State Council issued a top-level outline for artificial intelligence. HAITONG INT'L released a research report stating that the continuous policy support for the landing of AI applications is expected to further accelerate the development of the domestic AI industry, with high expectations for the development cycle from AI infrastructure to AI large models to AI applications. AI is an important driver of the new round of technological revolution and industrial transformation, benefiting from continuous technological progress and policy support, the AI industry chain is ushering in broad development opportunities.