---
title: "The Hong Kong stock market's AI application concept has exploded, Lenovo Group's stock price has reached a new high, and the Hang Seng TECH Index ETF has surged significantly"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287320979.md"
description: "On May 22, Hong Kong stocks related to AI applications surged significantly, with KNOWLEDGE ATLAS reaching an all-time high and LENOVO GROUP rising nearly 20%. The National Development and Reform Commission plans to introduce policies to support artificial intelligence, leading to a significant increase in the CAM HS TECH ETF, with strong performance from the tracked technology leading stocks. Currently, the PE-TTM of the Hang Seng TECH Index is at a near 5-year low, providing a margin of safety"
datetime: "2026-05-22T07:06:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287320979.md)
  - [en](https://longbridge.com/en/news/287320979.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287320979.md)
---

# The Hong Kong stock market's AI application concept has exploded, Lenovo Group's stock price has reached a new high, and the Hang Seng TECH Index ETF has surged significantly

On May 22, Hong Kong stock AI application concept stocks surged significantly, with KNOWLEDGE ATLAS once rising over 30%, reaching a new historical high; LENOVO GROUP surged nearly 20%, also hitting a historical high.

In terms of news, KNOWLEDGE ATLAS released the GLM-5.1 high-speed version on May 22, with a model output speed of 400 tokens/s; on the policy front, the National Development and Reform Commission recently stated that it is planning to introduce supporting documents to accelerate the implementation of artificial intelligence.

The Hang Seng TECH Index, which covers leading technology stocks in Hong Kong, experienced a long-awaited rebound, rising over 2% during the session. LENOVO GROUP, Sunny Optical Technology, SMIC, NetEase, and XPeng were among the top gainers, with the largest ETF tracking this index, ChinaAMC Hang Seng Technology ETF (513180), also rising. From a valuation perspective, the PE-TTM of the Hang Seng TECH Index is at a near 5-year low, providing a certain margin of safety at this point in time

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