[The concept of computing power chips continues to be strong and Tianpu shares hit the daily limit] On November 12, the concept of computing power chips continued to be strong in early trading, and Tianpu shares hit the daily limit, with a cumulative increase of more than 40% this week. Muxi shares, Cambrian, Moore Thread, Suiyuan Technology, Haiguang Information, Aibru, etc. were among the top gainers. On the news, on the evening of November 10, Alibaba announced on the Hong Kong Stock Exchange that it had submitted a form to the Hong Kong Stock Exchange to apply for the independent listing of its subsidiary Pingtou Ge. As of April 2026, the cumulative shipments of Pingtouge Zhenwu series AI chips have reached 560,000 pieces, and currently serve more than 650 corporate customers, covering more than 20 industries such as intelligent driving, finance, large models, embodied intelligence, energy, and manufacturing.