Chinasoft eyes 10-mth peak in AI software-hardware integration push

Chinasoft International

23/11/2023 04:23

** Shares of information technology (IT) services provider
Chinasoft International  0354.HK  rise 3% to HK$6.95, highest
since Feb. 2; set for fourth session of gains
    ** Stock is sixth biggest pct gainer on Hang Seng Composite
Index for IT firms  .HSCIIT  
    ** Beijing-based co says it has signed with Sichuan Huakin
Zhenyu Intelligent Technology to jointly develop AI hardware
platform with full-stack application service
    ** Says they will collaborate around core foundational
technologies in Huawei's  HWT.UL  Ascend, Harmony, Kunpeng,
Euler, Gauss in the AI Software-Hardware Super-Integration 
    ** In China, CSI Artificial Intelligence Index  .CSI930713 
gains 0.3%
    ** In Hong Kong, Hang Seng Composite Index on information
technology firms  .HSCIIT  climbs 0.1%, Hang Seng Tech Index
 .HSTECH  adds 0.5%
    ** Chinasoft shares up 1.6% YTD 

 (Reporting by Donny Kwok)
 ((donny.kwok@thomsonreuters.com))