Changes in Hong Kong stocks | Tianshu Zhixin (09903) rose more than 10% in early trading to enter the Hang Seng Technology Index last week as the index's first GPU component

The Zhitong Finance App learned that Tianshu Zhixin (09903) rose more than 10% in early trading. As of press release, it rose 9.54% to HK$116.4, with a turnover of HK$387 million.

According to the news, on September 7, the adjustment results for the Hang Seng Technology Index constituent stocks officially came into effect. Tianshu Zhixin became the first and currently only GPU track constituent stock in the index. Being included as a constituent stock in the Hang Seng Technology Index is an important recognition received by the company from the capital market in terms of technological innovation, R&D investment, revenue growth, market capitalization and liquidity. It will effectively broaden the company's investor base, attract broader market attention, and enhance the company's stock trading liquidity.

Macquarie released a research report saying that after Tianshu Zhixin launched the “Tianyi-300” new training GPGPU chip in July, mass production can begin as early as the fourth quarter of this year. With strong computing power, die-to-die interconnection, and higher average product sales prices, it is expected to contribute significantly next year; management is also planning to launch a next-generation supernode solution in the fourth quarter, and profit margins should be good. The bank is confident about the company's mid-term prospects for CSP and big language model customers.