Beijing Fourth Paradigm jumps on launch of manufacturing AI solution

Phancy

18/06/2025 06:22

** Shares of Beijing Fourth Paradigm Technology 6682.HK jump 6.7% to HK$50, their highest since June 12

** Stock on track to snap three straight sessions of fall

** Stock set for the biggest one-day pct gain since June 10; second biggest pct gainer on Hang Seng Composite Index on information technology firms .HSCIIT, which is down 1.4%

** The China-based artificial intelligence (AI) platform and applications developer announces launch of AI intelligent solution for manufacturing industry

** Says the solution covers industry data query, 3D design, yield data analysis and supply chain intelligent decision-making, among others, helping firms to reduce cost, up efficiency and building a competitive intelligent manufacturing system

** Hang Seng Tech Index .HSTECH drops 1.6%, Hang Seng Index .HSI declines 1.2%

** YTD, stock down 6.1%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))