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)
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