Zhitong Financial APP learned that Huiji Technology (01729) rose by more than 7%, up 34% in three trading days, and rose 7.58% to HK $1.42 as of press time, with a turnover of HK $4.84 million.
On the news, Huiji Technology announced a few days ago that the group expects net profit for the six months ended September 30, 2023 to be 65% to 75% higher than that disclosed in the 2022 ╱ 2023 interim report for the six months ended September 30, 2022. The increase was mainly due to improved profit margins in the server business.
Shanghai Securities pointed out that with the continuous expansion of the parameter scale of large models and the enhancement of the richness of AIGC business, the possibility of commercial landing of large models in the fields of language, vision, reasoning, human-computer interaction and so on is increasing. As a result, the market value of AI servers capable of handling graphics rendering and massive data will be greatly enhanced.