HK-listed Chinasoft jumps on launch of AI application JointPilot

Chinasoft International

07/07/2023 03:01

** Shares of Chinasoft International  0354.HK  jump as much
as 3.8% to HK$5.16, their highest since July 4, and on course to
snap two consecutive sessions of fall
    ** Stock set for the biggest one-day pct rise since June 13
if gains hold; biggest pct gainer in Hang Seng Composite Index
on information technology firms  .HSCIIT 
    ** Co launches artificial intelligence application
JointPilot, offering capabilities including model importing and
deployment, application generation and management
    ** Says it will provide more full-scenario AI solutions and
full-stack AI service capabilities in software engineering
    ** The Hang Seng Composite Index on information technology
firms declines 1.1% and the Hang Seng Tech Index  .HSTECH  drops
1.7%
    ** The Hang Seng Composite Index  .HSCI  and the Hang Seng
Index  .HSI  both fall 1%
    ** As of last close, the stock had fallen 26.8% this year

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