Changes in Hong Kong stocks | Voice Holdings (02636) rose more than 7%, and end-side AI entered the accelerated implementation period, and the value of the company's platform needs to be reassessed

The Zhitong Finance App learned that Communication Holdings (02636) strengthened today. As of press release, it rose 7.2% to HK$37.04, with a turnover of about HK$40.4 million.

According to the news, the world's leading manufacturers are collectively betting on AI end-side hardware. Apple announced that the China Bank version of Apple Intelligence will be officially connected to Ali Tongyi Qianwen, testing began on November 4, and officially launched in December; the OpenAI system promotes end-side AI layouts such as robots and smart speakers. Guolian Minsheng Securities believes that end-side AI is entering a period of accelerated implementation, and it is recommended to focus on manufacturers that are expected to benefit deeply from AI.

According to the Zhongtai Securities Research Report, Communication Holdings continues to invest in localized AI functions such as video & voice, and is promoting end-side AIAgent research and development, which has an advantage in localization scenarios and corpus accumulation in emerging markets; the decline in AI capabilities is expected to increase user stickiness and usage time, further amplify the commercial value of traffic entry, and the company's platform value and ecological potential need to be re-evaluated urgently.