HK Stock Market Move | ILUVATAR COREX(09903) rose nearly 4% this morning. The company will release the roadmap for its next three generations of products this month.

ILUVATAR COREX (09903) rose nearly 4% in the morning, as of the time of writing, it rose 3.89%, and traded at 162.9 Hong Kong dollars, with a turnover of 1.87 billion Hong Kong dollars. On the news front, on January 8th, ILUVATAR COREX was officially listed on the HKEX main board. According to ILUVATAR COREX's prospectus, approximately 80% of the funds raised this time will be used for the research and commercialization of general-purpose GPU chips and AI computing solutions in the next five years, including the research and commercialization of general-purpose GPU chips and accelerator cards, expansion of the research and development team, advancement of proprietary software stacks, and AI computing solution construction; approximately 10% will be used for sales and marketing expansion; and the remaining approximately 10% will be used for operating funds and general corporate purposes. On the same day, according to news from Jiemian News, ILUVATAR COREX will release a roadmap of future three-generation products on January 26, including innovative GPGPU architecture design, high-quality computing infrastructure construction, and cloud-based AI training and inference products for the Internet sector. Industry predictions suggest that from 2026 to 2028, the products involved in this roadmap will compete head-to-head with NVIDIA's H200 and B200.