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SaaS/ Software Stocks Fall Collectively, KINGDEE INT'L Plunges 14% as Anthropic Launches Corporate Internal Legal AI Tool
Recommend 77 Positive 112 Negative 54 |
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AI startup Anthropic launched a new tool for corporate in-house counsel that automates legal tasks such as contract review and non-disclosure agreement (NDA) classification. The news weighed on the SaaS and software sectors this morning (4th). KINGDEE INT'L (00268.HK) opened 1.66% lower today (4th), and bottomed at $10.74. It last printed at $10.9, tumbling 13.9%, with 52.4722 million shares traded, involving $585 million. MEITU (01357.HK) last plummeted 10.99% to $6.4, while CHINASOFT INT'L (00354.HK) stumbled 5.1% to $4.66. MOBVISTA (01860.HK) descended 8.65% to last at $13.2, while KINGSOFT CLOUD (03896.HK) cascaded 4.43% to last $6.69. MING YUAN CLOUD (00909.HK) sagged 3.33% to last at $2.9, while WEIMOB INC (02013.HK) last printed at $2.07, down 5.05%. SENSETIME-W (00020.HK) waned 2.07% to last at $2.36, with a turnover of $279 million, while PHANCY (06682.HK) last eroded 4.55% to $44.86, with a turnover of $135 million. Furthermore, UNISOUND (09678.HK), which recently announced a share placement, last printed at $332.4, slumping 5.62%, with turnover of $67.9617 million. MINIMAX-WP (00100.HK), a recently strong AI large model listed IPO, sank 7.06% to last at $540, with a trading volume of 457,900 shares, involving $250 million. Another AI large model listed IPO, KNOWLEDGE ATLAS (02513.HK), last printed at $228.2, dipping 6.17%, with a turnover of $82.7606 million. AAStocks Financial News Website: www.aastocks.com |
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