ILUVATAR COREX Shares Surge Over 8% on Potential Inclusion in Southbound Trading and Perceived Undervaluation

Stock News05-26

ILUVATAR COREX (09903) saw its shares rise more than 8%. As of writing, the stock was up 8.62% to HKD 529, with a turnover of HKD 412 million. On the news front, the quarterly review results for the Hang Seng Index Series were announced on May 22. Among the changes, ILUVATAR COREX was included as a constituent of the Hang Seng Composite Index, with the adjustment set to take effect from June 8, 2026. Analysts at Haitong International believe that as a pioneer in China's dual-line GPU sector, ILUVATAR COREX's DeepSpark ecosystem demonstrates core competitiveness, and its current share price represents a significant discount to its potential valuation. The company's expected inclusion in the Southbound Stock Connect program on June 8 is seen as a near-term re-rating catalyst. As a scarce Hong Kong-listed play on domestic GPUs, ILUVATAR COREX allows investors to gain exposure to China's AI computing sector without facing the premium typically associated with A-shares. The stock's current price implies a forward price-to-sales ratio of approximately 20x for next year, which is below the average of around 56x for its A-share peers (such as Cambricon and Moore Threads).

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1117379004?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-26 14:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1117379004","market":"sg","top_or_hot":-1,"title":"ILUVATAR COREX Shares Surge Over 8% on Potential Inclusion in Southbound Trading and Perceived Undervaluation","media":"Stock News","content":"<p>ILUVATAR COREX (09903) saw its shares rise more than 8%. As of writing, the stock was up 8.62% to HKD 529, with a turnover of HKD 412 million. On the news front, the quarterly review results for the Hang Seng Index Series were announced on May 22. Among the changes, ILUVATAR COREX was included as a constituent of the Hang Seng Composite Index, with the adjustment set to take effect from June 8, 2026. Analysts at Haitong International believe that as a pioneer in China's dual-line GPU sector, ILUVATAR COREX's DeepSpark ecosystem demonstrates core competitiveness, and its current share price represents a significant discount to its potential valuation. The company's expected inclusion in the Southbound Stock Connect program on June 8 is seen as a near-term re-rating catalyst. As a scarce Hong Kong-listed play on domestic GPUs, ILUVATAR COREX allows investors to gain exposure to China's AI computing sector without facing the premium typically associated with A-shares. The stock's current price implies a forward price-to-sales ratio of approximately 20x for next year, which is below the average of around 56x for its A-share peers (such as Cambricon and Moore Threads).</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ILUVATAR COREX Shares Surge Over 8% on Potential Inclusion in Southbound Trading and Perceived Undervaluation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nILUVATAR COREX Shares Surge Over 8% on Potential Inclusion in Southbound Trading and Perceived Undervaluation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-26 14:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ILUVATAR COREX (09903) saw its shares rise more than 8%. As of writing, the stock was up 8.62% to HKD 529, with a turnover of HKD 412 million. On the news front, the quarterly review results for the Hang Seng Index Series were announced on May 22. Among the changes, ILUVATAR COREX was included as a constituent of the Hang Seng Composite Index, with the adjustment set to take effect from June 8, 2026. Analysts at Haitong International believe that as a pioneer in China's dual-line GPU sector, ILUVATAR COREX's DeepSpark ecosystem demonstrates core competitiveness, and its current share price represents a significant discount to its potential valuation. The company's expected inclusion in the Southbound Stock Connect program on June 8 is seen as a near-term re-rating catalyst. As a scarce Hong Kong-listed play on domestic GPUs, ILUVATAR COREX allows investors to gain exposure to China's AI computing sector without facing the premium typically associated with A-shares. The stock's current price implies a forward price-to-sales ratio of approximately 20x for next year, which is below the average of around 56x for its A-share peers (such as Cambricon and Moore Threads).</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1163","symbol_name":"半导体产品","start_time":0,"source_url":"","article_id":"1117379004","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117379004","pubTimestamp":1779778110,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"ILUVATAR COREX (09903) saw its shares rise more than 8%. As of writing, the stock was up 8.62% to HKD 529, with a turnover of HKD 412 million. On the news front, the quarterly review results for the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1163":"半导体产品","09903":"天数智芯","BK4585":"ETF&股票定投概念","BK4588":"碎股","VXUS":"国际股票ETF-Vanguard"},"translate_title":"ILUVATAR COREX股价因可能纳入港股通交易且被认为估值被低估而飙升逾8%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09903":1,"VXUS":1},"content_text":"ILUVATAR COREX (09903) saw its shares rise more than 8%. As of writing, the stock was up 8.62% to HKD 529, with a turnover of HKD 412 million. On the news front, the quarterly review results for the Hang Seng Index Series were announced on May 22. Among the changes, ILUVATAR COREX was included as a constituent of the Hang Seng Composite Index, with the adjustment set to take effect from June 8, 2026. Analysts at Haitong International believe that as a pioneer in China's dual-line GPU sector, ILUVATAR COREX's DeepSpark ecosystem demonstrates core competitiveness, and its current share price represents a significant discount to its potential valuation. The company's expected inclusion in the Southbound Stock Connect program on June 8 is seen as a near-term re-rating catalyst. As a scarce Hong Kong-listed play on domestic GPUs, ILUVATAR COREX allows investors to gain exposure to China's AI computing sector without facing the premium typically associated with A-shares. The stock's current price implies a forward price-to-sales ratio of approximately 20x for next year, which is below the average of around 56x for its A-share peers (such as Cambricon and Moore Threads).","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1117379004","isCrawlerRequest":true}