On February 20, the first trading day of the Year of the Horse in the Hong Kong stock market, Zhipu (智谱), known as the "first global large model stock," closed up over 42%, with its market capitalization breaking through 323.2 billion HKD.
artificial intelligence
Since the beginning of February, the company's stock price has accumulated an increase of over 220%, and its increase since listing has reached 523%. Another artificial intelligence large model enterprise, MiniMax (MiniMax), also continued its strong pre-holiday trend, closing up over 14% on the same day, with its market value also exceeding 300 billion HKD. Since its listing, MiniMax has accumulated a total increase of 487.88%. Currently, the market capitalization of both companies has surpassed Trip.com Group (携程) and Kuaishou (快手), approaching Pop Mart (泡泡玛特) at 327.9 billion HKD and Baidu (百度) at 354.8 billion HKD.
Computing power is productivity: An infrastructure competition concerning the next ten years
May 20, 2026 11:05 AM
From a "Huawei substitute" to falling out of the top five: Where exactly did Honor lose?
May 19, 2026 12:00 PM