Zhongke Wenge rises over 5% amid IPO plans

Zhongke Wenge (1956.HK) climbed more than 5% during regular trading to HKD 83.30.

The company is pursuing an initial public offering to expand its artificial intelligence research and global market footprint. Chairman Wang Lei stated the move aims to broaden financing channels for overseas product expansion, with proceeds dedicated to AI development and market outreach.