0843 GMT - Chinasoft International's 1 billion yuan in deals to supply high-end artificial-intelligence computing equipment signal significant early commercial validation of its new computing-power business strategy, say Citi Research's Kyna Wong and Yiming Li in a note. The Chinese software-outsourcing company laid out three monetization models across hardware resale, compute leasing and token sales in its strategy. The deals suggest early-mover commercial traction on the hardware-resale model, the analysts say. Citi retains its neutral rating and HK$3.50 target price. Shares closed 0.3% higher at HK$3.92. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
June 10, 2026 04:43 ET (08:43 GMT)
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