CGS International, a wholly-owned subsidiary of CGS (06881.HK)  0.000 (0.000%)    Short selling $16.63M; Ratio 23.057%   , inked a memorandum of understanding (MOU) with Alibaba Cloud, a subsidiary of BABA-W (09988.HK)  0.000 (0.000%)    Short selling $1.40B; Ratio 15.820%   (BABA.US)      , to promote innovative AI applications in Hong Kong’s financial industry.

To drive the intelligent transformation of financial services, the collaboration between the two will focus on four key areas: 1) Developing AI-Driven Financial Solutions: jointly creating tools such as AI-powered trading strategy systems, risk assessment models, and financial research platforms; 2) Building Financial AI Agent Applications: deploying intelligent workflow optimization systems to enhance operational efficiency; 3) Strengthening Financial-Grade Infrastructure: constructing highly secure cloud architectures that comply with regulatory requirements; and 4) Co-Developing AI-Driven Compliance Tools and Data Governance Frameworks: ensuring adherence to financial industry regulations.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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