On July 3, Zhongke Wenge (01956.HK) rose 5.47% in regular trading, trading at 84.95 HKD/share, with turnover of approximately 11.64 million HKD. The stock rebounded after consecutive sessions of decline driven by a shareholder reduction announcement.

On the news front, expectations surrounding the company's potential inclusion in the Hong Kong Stock Connect program continue to gain momentum. Since listing on June 26 at an offer price of 60.70 HKD, the company's market capitalization reached approximately 14.8 billion HKD, exceeding the conventional threshold for Stock Connect eligibility. Market participants anticipate the stock could become a Stock Connect-eligible target in the near term, potentially attracting broader mainland investor participation.

Previously, the stock had retreated approximately 28% from its first-day closing price of 111.7 HKD after Xinhuanet's wholly-owned subsidiary announced plans to dispose of up to 477,600 shares. Analysts noted that this single-shareholder compliance-based disposal authorization does not alter the company's core positioning as a scarce government and enterprise AI leader.

Zhongke Wenge is an enterprise-level AI technology and services provider founded by a scientist team from the Chinese Academy of Sciences Institute of Automation, specializing in complex data analysis and AI-assisted decision-making.

(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.)