HK Stock Market Move | WENGE AI (01956) rose over 10% this morning and officially entered the Hong Kong Stock Connect list. Revenue in the first half of the year increased by more than 40% year-on-year.
Zhongke Wenge (01956) rose more than 10% at one point this morning. As of the time of publication, it is up 7.04%, priced at HKD 96.55, with a trading volume of HKD 49.5991 million.
WENGE AI (01956) surged over 10% at one point this morning, and as of the time of writing, it has risen by 7.04% to HKD 96.55, with a trading volume of HKD 49.5991 million.
In news, WENGE AI announced on September 6 that its H shares have been included in the list of eligible securities for the Hong Kong Stock Connect program, effective today (September 7). The company stated that with the inclusion in the Stock Connect, qualified investors from mainland China will be able to directly buy and sell H shares through the relevant mechanisms. This move is expected to further expand the company's investor base and may enhance the trading liquidity of its H shares.
WENGE AI, which went public on the Hong Kong Stock Exchange on June 26 of this year as the "first stock for decision-making large models," has been long focused on the research and application of artificial intelligence and decision-making large model technology. It launched the Decitron, a general decision-making large model decision machine, and built the industry's first full-stack decision-making AI product system. In the first half of this year, the company achieved revenue of CNY 173 million, a year-on-year increase of 46%, while the loss attributable to the parent company narrowed by 27.6% to CNY 88.958 million.
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