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.