增持！大涨超7%

Core Viewpoint - Fourth Paradigm's stock price increased by over 7% following an announcement of share purchases by Franklin Templeton [2][3] Group 1: Stock Performance - On August 21, Fourth Paradigm's stock reached a maximum increase of 7.69%, closing with a 6.23% rise at HKD 54.55, resulting in a total market capitalization of HKD 28.3 billion [4] - Franklin Templeton increased its holdings in Fourth Paradigm by purchasing 1.65 million H shares at an average price of HKD 53.5429 per share, totaling approximately HKD 88.34 million [7] Group 2: Shareholding Changes - After the recent purchase, Franklin Templeton's total shareholding in Fourth Paradigm rose to 20.44 million shares, increasing its ownership percentage from 5.86% to 6.37% [7] - This is not the first increase in holdings by Franklin Templeton in 2023; they previously acquired shares on August 5 and August 11, totaling approximately HKD 211 million and HKD 8.2 million respectively [7] Group 3: Financial Performance - Fourth Paradigm expects a reduction in adjusted net losses by 68% to 73% year-on-year for the first half of the year, driven by strong demand for its core AI platform [9] - For the fiscal year 2024, Fourth Paradigm reported revenue of HKD 5.261 billion, a year-on-year increase of 25.1%, with a net loss of HKD 269 million, narrowing by 70.4% compared to the previous year [9] Group 4: Future Plans and Investments - Fourth Paradigm plans to raise approximately HKD 1.308 billion through the placement of 25.9 million new H shares, with proceeds aimed at R&D in emerging fields such as embodied intelligence and blockchain [10] - The company has been recognized as the leading player in China's machine learning platform market for seven consecutive years, according to IDC [10]