HK Stock Market Move | ILUVATAR COREX (09903) rises over 6%, releases its first super node solution Tiange 300 IXL144, targeting the core inference computing power needs of major internet companies.

ILUVATAR COREX (09903) rose over 6%, up 4.12% as of press time, at HK$82.2, with a turnover of HK$274 million. On the news front, ILUVATAR COREX recently released its first 144-card super node solution. Shenwan Hongyuan Group pointed out that domestic foundation models are ushering in a new round of intensive iterations: DeepSeek released V4.1-Flash and open-sourced a full set of infrastructure components for the Ascend platform, and Moonshot AI previewed Kimi K3.1, among others. Domestic models are continuing to narrow the gap with leading overseas models in Agent Engineering, Coding, and complex reasoning capabilities. The brokerage believes that against the backdrop of supply falling short of demand for computing power, the Tiange 300 IXL144, as the company's first single-rack 144-card super node solution, targets the core inference computing power needs of major internet companies, and the company's order visibility is expected to improve significantly, with future performance potentially exceeding expectations. Shenwan Hongyuan Group continued that the domestic super node ecosystem is gradually maturing, with the computing power foundation accelerating its rollout in the second half of 2026. Currently, the domestic super node ecosystem is gradually moving toward open source, with major internet companies, AI chip makers, and server vendors jointly developing super node products, formally entering the super node era from the demand side.