The Zhitong Finance App learned that Maifushi (02556) rose more than 8% at the end of the session. As of press release, it rose 8.09% to HK$54.75, with a turnover of HK$164 million.

According to the news, Maifushi recently announced that it has completed the allocation of a total of 9.832,800 shares. The net proceeds from this placement are approximately HK$500 million, and 100% of the plan is to be used for full-stack token factory expansion and optimization, including domestic or overseas computing power infrastructure construction, AI large-scale model and model management platform development, and inference optimization capacity building.

Guojin Securities released a research report saying that Maifushi continues to raise funds to increase computing power infrastructure. Token voucher subsidies in some cities are expected to further shorten the payback period. Token-related revenue continues to increase as a share of AI application revenue. In the second half of the year, AI R&D agents began to be sold abroad and overseas business expansion are expected to contribute to the increase.

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