MINIMAX rose over 22% in the afternoon, KNOWLEDGE ATLAS increased by over 15%

Alibaba Cloud announced that due to the explosive global demand for AI and rising supply chain costs, the procurement costs of core industry hardware have significantly increased, leading to a decision to adjust the prices of AI computing power and CPFS (Intelligent Computing Version) services. MINIMAX-W (00100.HK) opened 4.55% higher today, reaching a high of HKD 1,270. It is currently reported at HKD 1,266, up 22.56%, with a trading volume of 1.8174 million shares, involving HKD 2.099 billion. ZHIPU (02513.HK) also opened 0.56% higher, reaching a high of HKD 719. It is currently reported at HKD 717.5, up 15.45%, with a trading volume of 2.969 million shares, involving HKD 2.019 billion.

Alibaba Cloud stated that starting today (April 18), the service prices for computing cards such as the PingTouGe Zhenwu 810E will be increased by 5% to 34%, and the service prices for the file storage product CPFS (Intelligent Computing Version) will be increased by 30%. Customers who have previously purchased related services will not be affected by this adjustment, and the new prices will apply at the beginning of the next renewal cycle