Stock Movement: YEEBO (INT'L H) Surges Over 13% in Afternoon Trading; Muxi Technology's IPO Review Scheduled for Today

Stock News
Oct 24

According to reports, YEEBO (INT'L H) has surged over 13% in afternoon trading, with a current increase of 11.02%, priced at HKD 5.44, and a trading volume of HKD 31.88 million. On the news front, the Shanghai Stock Exchange recently announced that its listing committee is set to review Muxi Technology's sci-tech innovation board IPO application on October 24. According to the prospectus, Muxi Technology aims to raise HKD 3.904 billion for investments in "new high-performance general-purpose GPU research and industrialization projects," "next-generation AI inference GPU research and industrialization projects," and "high-performance GPU technology research and development projects for frontier fields and emerging application scenarios." Public information shows that SuanFeng Information, a wholly-owned subsidiary of YEEBO (INT'L H), is participating in investments in Muxi Technology and Yunhe Zhinet, among others.

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