HK Stock Market Move | STAR SHINE HLDG (01440) up more than 7% again, the company says it is exploring establishing its AI infrastructure and SaaS capabilities.

STAR SHINE HLDG (01440) rose more than 7%, accumulating over 40% for the month. As of the time of writing, it has increased by 6.02%, reaching 10.57 Hong Kong dollars, with a turnover of 132.038 million Hong Kong dollars. On the news front, STAR SHINE HLDG recently announced that the group has successfully reached various forms of cooperation with international renowned IP partners. Recently, the company has been using the IP of a series on an international streaming platform for the design, manufacturing, promotion, and sale of a range of products, and has opened a pop-up store in a shopping center in Hong Kong, while also operating an online store for the sale of related products. In addition, the group is exploring establishing its AI infrastructure and software as a service (SaaS) capabilities to support its AI-driven business plans. To explore the business opportunities of developing and implementing AI infrastructure and software, the company has signed memorandums of understanding with well-known AI technology, computing power, and solution providers (all independent third parties). These AI service providers specialize in cloud computing capabilities, green energy AI data centers, edge-to-cloud storage integrated intelligent computing support solutions, customized core algorithms, and specific industry model training.