HK Stock Market Move | Yidou International (00259) surges more than 9% again, with a total increase of nearly 50% within the month. Its subsidiary, Suanfeng Information TaaS business, has officially entered Hong Kong Cyberport.

Yidu International (00259) rose more than 9% again, with a cumulative increase of nearly 50% within the month. As of the report, it rose 7.11% to 4.82 Hong Kong dollars, with a turnover of 7.3154 million Hong Kong dollars. On the news front, on May 22, Yidu International announced that its wholly-owned subsidiary Hong Kong Suanfeng Information Co., Ltd. officially entered Hong Kong Cyberport and focused on launching the domestic Token-as-a-Service (TaaS) business layout, marking a key milestone in the group's advancement in the field of AI computing power services. Public information shows that relying on the deep industry accumulation and ecological resources in the domestic GPU field, Suanfeng Information has introduced high-quality computing resources from top domestic GPU manufacturers Muxi and BIREN TECH and fully adapted the whole chain of technology to provide the platform with completely autonomous and controllable high-performance computing core support. This has completely connected the critical link from the R&D of domestic high-end GPU chips to their commercial implementation in Hong Kong, helping the platform achieve the localization and secure deployment of core computing resources.