HK Stock Market Move | Zhong Rong International (00354) closed with more than a 4% increase, and the company partnered with Shenzhen Hongyu and Loongson Technology Corporation to jointly create the "Dragon-Hong System."

ChinaSoft International (00354) rose more than 4% in the final trading session, rising 4.21% to HK$5.69 at the time of writing, with a turnover of HK$216 million. On the news front, CHINASOFT INT'L announced earlier that the company has formally signed a strategic cooperation agreement with Shen Kaihong and Loongson Technology Corporation to jointly create a fully autonomous "Longhong System" with "Open Source Hongmeng + LoongArch" as its core. It is reported that the three parties will leverage their complementary resources, with ChinaSoft International relying on its capabilities in software applications, system integration, and international market expansion, Shen Kaihong leveraging the coverage of the open source Hongmeng operating system, distributed characteristics, and low-latency technology accumulation, and Loongson Technology Corporation supporting it with LoongArch's independent instruction set chips and bottom-layer solutions. In-depth collaboration in technology, products, markets, and ecosystems will accelerate the industrialization of the "Longhong System."