ITC Neocloud to Report Financials on AI Infra Segment Separately; Shares Rise 11%

MT Newswires Live
Sep 25

ITC Neocloud (HKG:0199) said it will begin reporting financials for its AI infrastructure-related business as a separate segment, according to a Thursday bourse filing.

The company said the business unit will focus on the development of AI infrastructure operations, AI computing orchestration and cloud services, and model services and application platform.

Shares were last up 11% in afternoon trading on Friday.

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