AI changed the world and also changed the branch of Science and Technology News. After 13 trading days, the stock price rose by 33.5%.

Before the end of 13 trading days, some in the industry questioned whether HKUST's technological capabilities could support its high market valuation. Keda Xunfei, originally focused on intelligent voice technology, has now emerged as a major player in the AI field. As a leading AI enterprise, HKUST saw its daily price limit increased, with institutions and hot money showing strong interest in its stock. ![AI changed the world and also changed the branch of Science and Technology News. After 13 trading days, the stock price rose by 33.5%.](http://i.bosscdn.com/blog/27/55/81/0-1G1150U453255.png) With continuous breakthroughs in AI technology and ongoing policy and financial support, the AI concept remains highly popular. On November 6, Cambrian held a new product launch event, unveiling a range of next-generation intelligent processor IPs and high-performance cloud-based AI chips, accelerating the development of AI chips. On November 16, Baidu hosted the 2017 Baidu World Congress, showcasing strategic directions, new technologies, and products. From November 18 to 19, the “2017 China Optics Valley International Artificial Intelligence Industry Summit” was held in Wuhan, focusing on the growth of the AI industry. On November 9, HKUST’s annual conference highlighted the latest advancements in AI innovations such as speech, image, and vision recognition. During the event, more than 10 AI products across different fields were unveiled, including cutting-edge applications in education, healthcare, and customer service, as well as consumer-oriented products like home assistants, automotive solutions, and translation tools. When external observers raised concerns about the low profitability of HKUST and the challenges in AI commercialization, the company used the press conference to demonstrate that AI is now capable of solving real-world problems and improving efficiency. This marked a turning point for the company. Keda Xunfei started with intelligent voice technology, primarily serving enterprises and government clients. Liu Qingfeng, CEO, mentioned in an interview that in the first three quarters, consumer-oriented business accounted for about 25% of revenue and 30% of gross profit. However, with the rise of AI, HKUST aims to expand from the strong 2B (enterprise) market into the 2C (consumer) space, targeting a 50% share of 2C business within three years. “When people ask what kind of company Keda Xunfei is, can we find a similar one in the US? I'm sorry to say that there isn't a direct equivalent in the U.S. We are more like a combination of IBM and Google,” said Hu Yu, CEO of HKUST News, when discussing the company's positioning. Following a strong article from renowned scholar Liu Weiwei, the stock began an upward trend. After the AI conference on November 9, the stock surged sharply on November 13. According to the reporter's statistics, from the stock's low on October 27 to yesterday, HKUST's stock price had risen by 33.5% in just 13 trading days. Previously, the industry had doubts about HKUST’s ability to sustain its high valuation. However, after the AI conference, analysts affirmed the commercial potential of the company's technology. Essence Securities and New Era Securities both expressed positive views on HKUST's AI assistant offerings and the "AI + Auto" project.

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