HK Stock Market Move | KEYTOP PARKING (02272) surged over 22% as the company partners with Huawei Cloud to accelerate AI transformation and develop the KeytopAgent AI agent foundation platform.

KEYTOP PARKING (02272) surged over 22%, up 21.42% as of press time, at HK$75.4, with a turnover of HK$113 million. On the news front, KEYTOP PARKING recently signed a framework cooperation agreement with Huawei Cloud Computing Technologies Co., Ltd. in Shanghai. The two parties will fully leverage their respective strengths to deepen cooperation in areas such as cloud infrastructure, smart parking solutions, and business expansion overseas, jointly promoting the intelligent upgrade of the smart parking industry. In the first half of 2026, KEYTOP PARKING's self-owned operating parking spaces achieved an average monthly transaction volume of RMB 733,000, a significant year-on-year increase of approximately 652.6%; monthly active users reached an average of 5,270, up 350.4% year-on-year, becoming the main growth DRIVE for the platform business. It is worth noting that KEYTOP PARKING continues to increase investment in AI foundational technology R&D and has developed the KeytopAgent AI agent foundation platform, which possesses autonomous task planning, execution, and continuous self-optimization capabilities. Based on this platform, the company has deployed a matrix of AI agents covering key operational functions including AI booth, AI parking lot manager, AI cloud customer service, and AI finance. Among them, the AI booth has been applied in 100 parking lot projects, achieving fully unmanned management of entrances and exits and effectively reducing labor costs, with a target of full-scale promotion in the second half of 2026, expected to become a new growth driver.