STOCKS | Tencent Cloud Concept Rises After Weak Open

Tencent Cloud-related A-shares opened lower and then climbed, with Ruijie Networks rising more than 11%, Huaqin Technology up more than 8%, and Hongjing Technology, Digital China, and Century Huatong also advancing. According to Jin10, a Tencent Cloud executive said at a World Artificial Intelligence Conference subforum that the company will deploy domestic computing power on a large scale to reduce inference costs to the extreme.