On October 6, ILUVATAR COREX rose 3.11% in regular trading, trading at HK$105.9/share with Turnover of HK$16.03 million.

The intraday movement comes after the company reported remarkable mid-term results with revenue surging 191.64% year-over-year to HK$946 million, showing accelerated growth in key AI segments. ILUVATAR COREX's core GPU-inference business demonstrated extraordinary momentum, with related revenues jumping 651.85% to HK$654 million, now representing over 69% of total revenue.

Market confidence remains bolstered by the recent successful validation of the new-generation Xing4.0-29B-A4B AI model on ILUVATAR COREX hardware platforms, signaling product commercialization progress. This follows sustained institutional accumulation through the southbound Stock Connect channel and a strategic capital expansion via completion of the 1-for-2 rights offering on September 22.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)