AsiaInfo Technology (01675) saw its shares rise more than 12% during afternoon trading. At the time of writing, the stock had increased by 11.82%, reaching HK$6.15, with a turnover of HK$39.61 million.

The company announced that its first-quarter revenue reached approximately RMB 994 million. During the period, AsiaInfo Technology continued to deepen strategic collaborations with ecosystem partners such as Alibaba Cloud, Volcano Engine, Kimi, NVIDIA, and ABB, developing a full-stack AI product and service portfolio spanning from data to models to applications and operations. AI-related revenue—specifically from its intelligent data operations business—experienced explosive growth, surging nearly 100% year-over-year. The intelligent connectivity product business also achieved several landmark breakthroughs.

Zheshang Securities previously issued a research report stating that 2025 is a year of profit and structural adjustment for the company, with revenue and profit expected to return to an upward trajectory starting in 2026. Considering the company’s strategic positioning in core operator systems, AI-driven data operations, and 5G/6G-integrated satellite internet—areas where it holds a unique market presence—the current valuation does not yet fully reflect the growth potential of its new businesses. As a result, the brokerage maintains a "Buy" rating on the stock.