BUZZ-HK's XtalPi jumps on involvement in AI integration project, share sale plan

Shares of XtalPi Holdings 2228.HK, a provider of drug discovery and intelligent automation solutions, jump 9.7% to HK$7.11; set for biggest one-day pct gain since Feb. 10

XtalPi says its unit Shenzhen Jingtai and state-owned Guangdong Hengjian Investment are advancing implementation of "AI+" technology and industry integration innovation consortium project

Project focuses on "AI+ Robotic Automation" in building AI research infra for future development of AI-based pharma, new materials, new energy, robotics industries

XtalPi also plans sale of 342.3 mln shares to third-party investors to raise HK$2.09 bln ($268.8 mln) for R&D, product commercialization and for working capital

Says shares will be issued at HK$6.10 apiece, or 5.9% discount to Tuesday's close

Hang Seng Commerce & Industry Index .HSNC fall 0.5%, Hang Seng Index .HSI eases 0.4%

($1 = 7.7740 Hong Kong dollars)