HK Stock Market Move | Clear trend of self-controlled industry, Kingsoft (03888) rose more than 18% at one point, and ChinaSoft Int'l (00354) rose more than 6%.

Some cloud computing concept stocks rose against the market. As of the time of writing, KINGSOFT (03888) rose 15.13% to 36.96 Hong Kong dollars; CHINASOFT INT'L (00354) rose 6.1% to 6.26 Hong Kong dollars; INSPUR DIGI ENT (00596) rose 5.07% to 8.49 Hong Kong dollars; KINGDEE INT'L (00268) rose 1.04% to 16.48 Hong Kong dollars. On the news front, on October 12th, the term "the Ministry of Commerce announcement appendix is changed to wps format for the first time" trended on Weibo. On October 9th, the Ministry of Commerce issued Announcement No. 61 of 2025, implementing export control on some foreign rare earth-related items containing Chinese components. The new regulations stipulate that exports for military use are generally not permitted. It is worth noting that in addition to the control rules, the appendix of the announcement is in wps format, and application documents must be submitted in Chinese, sparking discussions on two major details. It is reported that the annexes to previous announcements were in Word or PDF format. Some analysts point out that the government departments' use of WPS for official documents is not just a simple choice of office software. Especially in this announcement by the Ministry of Commerce, it is also an important manifestation of the country's promotion of independently controllable key technologies and the safeguarding of information security. Open Source Securities pointed out that external friction continues to escalate, and the trend of autonomous and controllable industries for key core technology products is clear. It is important to pay attention to investment opportunities in the information technology and innovation sector.