HK Stock Market Move | KANGQIAO SER (02205) soared more than 80% in the afternoon, and the company signed a cooperation memorandum with Askitect to jointly promote the implementation of AI technology in all scenarios.

KANGQIAO SER (02205) soared more than 80% in the afternoon, rising 69.57% to HK$1.17 with a turnover of HK$2.843 million as of press time. On the news front, after announcing plans to establish a subsidiary in North America, KANGQIAO SER signed a cooperation memorandum with Askitect, an American artificial intelligence housing diagnostic company, on December 15. This cooperation is not only an important practice for KANGQIAO SER to deepen its global layout, promote the localization of foreign advanced technology and mature experience, but also an important milestone for the two parties to explore, integrate and innovate in the field of property management and real estate related services. According to the signed cooperation memorandum, the two parties will establish a joint business and product working mechanism, with the core team of Askitect participating in the product definition, capability migration and key solution design of KANGQIAO SER in the Chinese market. Askitect will open its core business capabilities and professional team resources in the United States to KANGQIAO SER; KANGQIAO SER will be responsible for providing real, continuous, scalable CHINAPROPERTIES and property application scenarios, and opening up core business processes such as property inspection, repairs, and owner services as a real environment for the localization and training of AI capabilities; under the premise of legality and compliance, the data structure, diagnostic logic, and model framework formed in the Chinese and American markets will remain highly unified. House Health Files (House VIN) have been jointly confirmed by both parties as the long-term core data asset direction.