Movement Alert｜OSHIDORI Intraday Rise 5.15% in Regular Trading, AI Strategic Investor Deal Remains in Focus

Market Focus10-29

On October 29, OSHIDORI recorded an Intraday Rise of 5.15% in Regular Trading, with the stock trading at HK$3.245 and turnover of HK$247 million.

The most relevant catalyst in recent public disclosures is the market’s continued focus on the company’s AI-related transaction with Tesla-linked investor TusStar, which has been cited in the latest movement alert tied to the stock’s advance.

Earlier disclosures showed OSHIDORI agreed to issue 1.18 billion new shares at HK$2.70 per share, for total consideration of about HK$3.186 billion, to introduce Nova Scope Ventures Limited as an AI strategic shareholder. After completion, Nova Scope Ventures would hold 14.53% of OSHIDORI, while OSHIDORI would indirectly hold about 49.60% of TusStar Shanghai. The company described the deal as a long-term major investment and a strategic step to enter the AI industry, with both sides also announcing a joint platform focused on domestic computing power ecosystem development and AI productivity services.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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