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354 — Chinasoft International News Story

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Chinasoft hits 4-month high on computing power business foray

BUZZ-Chinasoft hits 4-month high on computing power business foray

** Shares of Chinasoft International 0354.HK climb 5.3% to HK$4.95, their highest level since February 2

** Stock on track for the sixth consecutive session of rise

** The information technology solutions services provider says it will formally enter the computing power business

** Co plans phased investment in high-end AI servers and build-related computing power infrastructure, which will be funded by internal resources and external financing

** YTD, Hong Kong stock down 5.4%, Hang Seng tech index down 9.5%



(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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