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PATEO (02889.HK) Rallies 11%+ after Entering Series of In-depth Partnerships with NVIDIA/ Others
PATEO (02889.HK) announced that it has entered into a series of in-depth partnerships with NVIDIA (NVDA.US) and a leading NEV OEM. Spurred by the news, PATEO's stock price open...
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PATEO (02889.HK) Rallies 11%+ after Entering Series of In-depth Partnerships with NVIDIA/ Others
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PATEO (02889.HK)  +1.300 (+0.765%)    Short selling $92.98K; Ratio 0.047%   announced that it has entered into a series of in-depth partnerships with NVIDIA (NVDA.US)      and a leading NEV OEM.

Spurred by the news, PATEO's stock price opened 14.86% higher today (24th). With gains once exceeding 23%, it peaked at HKD198.9. It last posted at HKD179.7, up 11.27%, with turnover of 648,200 shares, involving HKD122 million.

PATEO announced that the series of in-depth collaborations include the company receiving a designation notice for a new-generation intelligent vehicle model from a leading NEV OEM, as well as configuration solutions for NVIDIA's accelerated computing platform.

The cooperation involves deploying AI BOX based on the NVIDIA DRIVE AGX Thor accelerated computing platform, providing high-performance computing power support for on-vehicle deployment of next-generation AI foundation models.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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