Wire flash
Chinese AI chip designer Iluvatar CoreX jumps 5.9% on over RMB12 billion in bank credit
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Shares of Chinese AI chip designer Iluvatar CoreX (Tianshu Zhixin) rose 5.9%, according to a Reuters market brief. The move was linked to the company securing more than RMB 12 billion in bank credit lines. The brief did not specify which banks provided the credit, the terms of the facilities, or the intended use of the funds. No further financial details or company statements were included in the item.
Source report
Chinese AI chip designer Iluvatar CoreX jumped 5.9% after securing more than RMB 12 billion in bank credit facilities.
Source
rtrsNeutral / independent