MARKETINGFORCE (02556) rose more than 8% in late trading. As of press time, it was up 8.09% at HK$54.75, with a turnover of HK$164 million.

On the news front, MARKETINGFORCE recently announced the completion of the allotment of a total of 9.8328 million shares. The net proceeds from this placement are approximately HK$500 million, which are planned to be 100% used for the expansion and optimization of its full-stack Token factory, including the construction of domestic or overseas computing infrastructure, the development of AI large models and model management platforms, and the building of inference optimization capabilities.

Sinolink Securities released a research report stating that MARKETINGFORCE's fundraising continues to ramp up its computing infrastructure. Token voucher subsidies in some cities are expected to further shorten the investment payback period. The proportion of Token-related revenue in AI application revenue continues to rise. In the second half of the year, AI R&D agents will begin to be sold externally, and overseas business expansion is expected to contribute incremental growth.