Movement Alert|4Paradigm Rises 5.78% in Regular Trading, New Shanghai Smart Computing Subsidiary and Sector Resonance Extend Gains

Market Focus07-10

On July 10, 4Paradigm rose 5.78% in regular trading, trading at HK$31.46/share, with turnover of approximately HK$102 million.

On the news front, the company recently established a wholly-owned subsidiary, Shishuo Smart Computing (Shanghai) Technology Co., Ltd., with registered capital of RMB 10 million. The new entity's business scope covers internet data services, AI foundational and application software development, reinforcing the company's computing infrastructure layout. Additionally, the board's appointed trustee has cumulatively purchased 1.2 million H shares on the open market, with the board explicitly stating that the current share price is undervalued and does not fully reflect the company's long-term value as a leading AI full-stack cloud platform in China.

At the sector level, the Application Software industry showed broad-based recovery, with SenseTime up 5.07%, Horizon Robotics up 3.9%, and Kingdee International up 2.3%, providing supportive resonance for the stock price.

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