HK Stock Market Move | Shanghai Dazhong Public Utilities (01635) surges over 14%, company holds stake in Deep Creation Investment, Deep Creation Investment and its funds hold shares of Yushu Technology.
Public (01635) surged more than 14%, as of press time, up 14.04% to HKD 3.25, with a turnover of HKD 1.23 billion.
Shanghai Dazhong Public Utilities (01635) surged more than 14%, rising 14.04% to 3.25 Hong Kong dollars with a trading volume of 1.23 billion Hong Kong dollars as of the time of publication.
On the news front, Shanghai Dazhong Public Utilities stated on an interactive platform that the company holds shares in Deep Innovation Investment, and Deep Innovation Investment and its funds hold shares in Yushu Technology. It is reported that Yushu Technology is expected to submit its listing application to the stock exchange between October and December 2025. In addition, the market is paying attention to Moore Threads' appearance on the sci-tech innovation board this week. According to the information, Moore Threads was established in 2020, with its independently developed full-function GPU as its core, dedicated to providing computing acceleration platforms for high-performance computing fields such as AI, digital twins, and scientific computing. The actual controller, Zhang Jianzhong, holds 44.07% of the company's shares. Moore Threads has received investments from multiple institutions including Deep Innovation Investment since its establishment.
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