Hong Kong Stocks in Focus: CHINASOFT INT'L (00354) Surges Nearly 7% as Kimi K3 Goes Open Source; Company Recently Signed Token Sharing Agreement with Moonshot AI

Stock News07-29

CHINASOFT INT'L (00354) shares climbed nearly 7% in today's trading session, extending its monthly gains to approximately 30%. As of the latest update, the stock was up 4.27% at HKD 3.66, with turnover reaching HKD 66.75 million.

On the evening of July 27, Moonshot AI released the model weights, technical report, and open-sourced the key infrastructure technology supporting the training of the Kimi K3 model. Following its release, Kimi K3 immediately topped the Hugging Face trending models chart for the week. According to reports, CHINASOFT INT'L recently announced that it has signed a Token sharing and joint innovation cooperation agreement with Moonshot AI, establishing an FDE innovation lab to focus on the enterprise-level Agentic AI business.

Key Sector Developments

Guosen Securities noted that the volume of Token calls continues to grow, with the proportion of domestic model calls increasing, reflecting a rising market recognition for domestic models. CHINASOFT INT'L is deeply involved in Token operations and enterprise-level AI agents, providing end-to-end solutions from computing infrastructure, heterogeneous scheduling, to fine-grained Token-level operational management. The company is well-positioned to benefit from the AI-driven surge in computing demand. The brokerage firm added that through deep collaboration with domestic large model developers and the adoption of a Token sharing model, CHINASOFT INT'L is expected to fully capitalize on the growth of the domestic model ecosystem.

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