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Alibaba Cloud Pairs with CGS Int'l to Advance AI Innovation Applications in HK Financial Sector
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CGS International, a wholly-owned subsidiary of CGS (06881.HK), inked a memorandum of understanding (MOU) with Alibaba Cloud, a subsidiary of BABA-W (09988.HK)(BABA.US), to promote innovative AI applications in Hong Kong’s financial industry.

To drive the intelligent transformation of financial services, the collaboration between the two will focus on four key areas: 1) Developing AI-Driven Financial Solutions: jointly creating tools such as AI-powered trading strategy systems, risk assessment models, and financial research platforms; 2) Building Financial AI Agent Applications: deploying intelligent workflow optimization systems to enhance operational efficiency; 3) Strengthening Financial-Grade Infrastructure: constructing highly secure cloud architectures that comply with regulatory requirements; and 4) Co-Developing AI-Driven Compliance Tools and Data Governance Frameworks: ensuring adherence to financial industry regulations.

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