HK Stock Market Move | Billion International (00259) rose by over 8%, Mu Xi shares will be on the rise soon. Alcomp information under Billion is closely related to Mu Xi.
Yidou International (00259) has surged over 8% again, as of the time of publication, up 5.01% to 5.03 Hong Kong dollars, with a turnover of 7.5896 million Hong Kong dollars.
Yidu International (00259) surged by over 8% again, as of the time of publication, it rose by 5.01% to 5.03 Hong Kong dollars, with a turnover of 7.5896 million Hong Kong dollars.
In terms of news, Muxi Stock will be reviewed on October 24th (this Friday). As one of the "four small dragons of domestic GPUs", Muxi Stock is one of the leading manufacturers of high-performance general-purpose GPUs in China. The prospectus shows that the proceeds from Muxi Stock's fundraising this time will be used for three aspects: research and industrialization of new high-performance general-purpose GPUs, research and industrialization of new generation AI inference GPUs, and research and development of high-performance GPU technology for cutting-edge areas and emerging application scenarios.
Public information shows that Hong Kong Suanfeng Information Co., Ltd. is a wholly-owned subsidiary of Yidu International, a listed company in Hong Kong, and has invested in Muxi, Yunhe Zhiwang and other companies. In addition, Suanfeng Information is the general agent of Muxi in Hong Kong, and has cooperated to launch the Xiyun C550 Shanghai Cube 128 card cabinet based on the Muxi chip, operating the "Fengshou No.1/No.2/No.3" computing power cluster in Shanghai and Hong Kong, with a cumulative operation scale of over 3000 cards. Among them, Fengshou No.1 cluster of thousands of cards is located in the Qingpu data center of UCloud.
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OSHIDORI (00622) plans to sell HK$503 million worth of shares in Shengjing H shares.

CH OVS G OCEANS (00081) recorded a net profit of approximately 773 million yuan in the first three quarters, a year-on-year decrease of 46.7%.

Boosting AI electricity demand! GE Vernova (GEV.US) spends $5.3 billion to acquire the remaining 50% stake in Prolec.

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