HK Stock Market Move | Yi Du International (00259) rises more than 13% in the afternoon, Mu Xi shares will be held today, the company's subsidiary, Suan Feng Information, participates in the investment of Mu Xi.

Yidu International (00259) rose more than 13% in the afternoon, rising 11.02% to HK$5.44 by the time of publication, with a turnover of HK$31.88 million. On the news front, the Shanghai Stock Exchange recently announced on its official website that the Listing Committee is scheduled to review the IPO application of Muxi Holdings on the Science and Technology Innovation Board on October 24. According to the prospectus, Muxi Holdings plans to raise a total of RMB 3.904 billion for investment in projects including "New High-Performance General GPU R&D and Industrialization Project," "Next-Generation Artificial Intelligence Inference GPU R&D and Industrialization Project," and "High-Performance GPU Technology R&D Project for cutting-edge fields and emerging application scenarios." Public information shows that Algorithm Information is a wholly-owned subsidiary of Yidu International, a Hong Kong-listed company, and has invested in Muxi Holdings, Yunhe Zhiwang, and other enterprises.