Hong Kong Stock Movement | CLOUD FACTORY (02512) Surges Nearly 10% as Institutions Highlight Broad Development Opportunities in China's AI Industry Chain

Stock News

Sep 16

CLOUD FACTORY (02512) surged nearly 10%, rising 9.81% to HK$4.03 as of press time, with trading volume reaching HK$27.5453 million.

According to public information, CLOUD FACTORY is one of China's earliest data service providers. In the intelligent computing sector, CLOUD FACTORY leverages its deep foundational cloud capabilities to build an optimal computing efficiency system across hardware, computing, networking, storage, and cloud services. The company has upgraded its edge computing platform to provide computing power support ranging from infrastructure services to end-to-end solutions for AI application deployment.

The State Council recently released a top-level policy document on artificial intelligence. Haitong International issued a research report stating that continued policy support for AI application deployment is expected to further accelerate the development of China's AI industry, with optimism for the development cycle from AI infrastructure to AI large models to AI applications.

AI serves as a key driver of the new round of technological revolution and industrial transformation. Benefiting from continuous technological progress and policy support, the AI industry chain is embracing broad development opportunities.

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