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iFlytek's DeepMind Rival Surged Over 8% on AI Model Catalyst

HK Stock Market Update
Jun 18, 2026 at 03:36 AM

Shenyan Intelligence (2723.HK) surged 8.6% during regular trading to HKD279.20. The surge came after Knowledge Graph released and open-sourced its next-generation flagship large model GLM-5.2, which ranks first among open-source models on Artificial Analysis comprehensive rankings, while JPMorgan and other investment banks raised price targets, lifting the broader AI large model sector.

The stock, an AI secondary listing newcomer, has been active with the sector recently. Today it touched an intraday high of HKD286.00 in early morning, with volume reaching 60,200 shares and turnover approximately HKD16.599 million, bringing market cap to around HKD25.3 billion.

Source: HK Stock Market Update The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.

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