Chinasoft climbs most in a week on AI computing power equipment supply deal
BUZZ-Chinasoft climbs most in a week on AI computing power equipment supply deal ** Shares of Chinasoft International 0354.HK climb 7.4% to HK$4.2, on course for the biggest one-day pct gain since June 3
** Stock on track to snap four-session losing streak
** The IT services provider says its unit signs sales agreements worth 1 bln yuan ($147.64 mln) to supply high-end AI computing power equipment and supporting resources to several independent third-party customers
** Says deals indicate that the group's high-end AI computing power segment has officially moved from the strategic planning stage into the stage of large-scale market implementation
** YTD, Hong Kong stock down 17.9%, Hang Seng TECH index .HSTECH down 14.2%
($1 = 6.7733 Chinese yuan renminbi)
(Reporting by Donny Kwok)
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