Search results for Hong Kong Stock Exchange
Industry
China memory module maker Longsys forecasts up to 744-fold jump in H1 net profit on AI memory tailwinds
Chinese memory module maker Longsys forecasts first-half net profit attributable to shareholders of 9.2 billion to 11.0 billion yuan, up about 622 to 744 times from a year earlier. It also expects revenue to rise to 22.0 billion to 25.0 billion yuan from 10.2 billion yuan. The company cited a recovery in memory demand and limited supply expansion, and said it renewed long-term supply deals to stabilise its supply chain.
AI & Enterprise
Razer CEO says AI IPO supercycle is just beginning
Min-Liang Tan, co-founder and CEO of Singapore gaming hardware company Razer, said a surge of AI company IPOs is only at an early stage. He said more waves of new listings are likely beyond OpenAI, Anthropic and SpaceX. SpaceX is set for an IPO on June 12 and is targeting a valuation of about $1.77 trillion. Razer delisted in 2022 to focus on long-term AI investment.
Telecommunications & Media
AI reshapes media from production to distribution
Media companies are expanding experiments using AI, with a focus on cutting production costs, developing new genres and improving user experience. Video tools now generate longer 4K content with audio and better character consistency. Broadcasters and studios are testing AI in election coverage, animation and drama, while China pushes commercialisation. In distribution, recommendation algorithms and AI dubbing are becoming core infrastructure. The shift is also raising concerns over copyright, creator protection and review standards.
