Changes in Hong Kong stocks | Chinasoft International (00354) rose more than 10% intraday when Kimi K3 open source went live, and the company previously signed a token sharing agreement

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that Chinasoft International (00354) rose more than 10% in the intraday period. As of press release, it had risen 6.27% to HK$3.56, with a turnover of HK$415 million.

According to the news, on the evening of July 27, Dark Side of the Moon announced the weight of the open source Kimi K3 model, released a technical report, and also unlocked the three underlying infrastructure (Infra) technologies supporting K3 training: MoonEP, FlashKDA, and AgentEnv. CEO of Hugging Face publicly stated that Kimi K3 received over 4,000 likes in just 30 minutes, topped the platform trend list, and set a record for the fastest release growth since the platform was founded.

Notably, Chinasoft International recently officially signed a token sharing and joint innovation cooperation agreement with Dark Side of the Moon for the “Moon Landing Program”. The two sides will explore and implement a new model of collaboration in the Chinese version of “model+enterprise service” and use a token sharing mechanism to achieve win-win development. The two parties will share the token consumption revenue and other cooperative derivative income generated based on Kimi's big model during the implementation of the cooperation according to the ratio agreed in the agreement.