Changes in Hong Kong stocks | Xizhi Technology-P (01879) rose more than 4% in early trading and signed a long-term strategic cooperation with Shenwan Hongyuan to lay out financial computing power and optical computing applications

The Zhitong Finance App learned that Xizhi Technology-P (01879) rose more than 4% in early trading. As of press release, it rose 4.79% to HK$183.6, with a turnover of HK$32.938,500.

According to news, according to Xizhi Technology, Xizhi Technology signed a long-term strategic cooperation agreement with Shenwan Hongyuan Securities on November 12. According to the content of the strategic agreement, the two sides will focus on cooperation on financial computing power infrastructure and financial optical computing applications.

It is worth noting that on November 2, Xizhi Technology-P announced that the company plans to commence work related to the issuance of A-shares. The board of directors has reviewed and approved the signing of a counseling agreement with Cathay Pacific Haitong, appointed it as the advisory agency for the proposed A-share listing, and will submit an application for guidance and filing to the relevant regulatory authorities. At the same time, the company indicated that as of the announcement date, the board of directors had not approved any other plans relating to the proposed A-share listing.