
Understanding the Market | ASIAINFO TECH rises over 12% as the company establishes long-term strategic cooperation with Alibaba Cloud, expecting annual profits to exceed last year

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AsiaInfo Technologies' stock price rose over 12%, closing at HKD 11.57, with a trading volume of HKD 181 million. The company is collaborating with Alibaba Cloud and others to build industry large model solutions, expecting annual profits to exceed last year's. Alibaba Cloud's Q2 2025 performance showed revenue of CNY 33.398 billion, a year-on-year increase of 26%. Everbright Securities maintains a "Buy" rating, believing that the application of AI large models will grow rapidly
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