-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Haizhi Technology Group (02706) rose more than 11% in early trading, the Ministry of Industry and Information Technology launched a special campaign to cultivate AI application service providers
Share
Listen to the news

The Zhitong Finance App learned that Haizhi Technology Group (02706) rose more than 11% in early trading. As of press release, it rose 10.31% to HK$61.0 million, with a turnover of HK$106 million.

According to the news, the Ministry of Industry and Information Technology recently issued a notice to organize and carry out a special campaign to cultivate artificial intelligence application service providers. The notice clarifies that by the end of 2026, the number of service providers in the national service provider resource pool will exceed 2,000; by the end of 2027, the number of service providers in the national service provider resource pool will not be less than 3,000, supporting the formation of an artificial intelligence application service ecosystem with full factor collaboration, full chain integration, and full scenario coverage.

Haitong International released a research report saying that Haizhi Technology's performance in the first half of the year further validates the agent business's revenue growth, higher gross margin, and the cross-selling logic of Graph customers upgrading to Agents; management maintains a positive full-year outlook. If customer conversion and ARPU continue to be higher than current assumptions in the second half of the year, there is still room for improvement in the company's revenue and profit forecasts.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending