Liuliumei Soars Over 19% on AI Model Hype After Recent IPO
Liuliumei (6658.HK) soared 19% during regular trading to HK$163.900, reaching record high since listing. The stock went public on June 15 and initially spiked 194% on debut, as an AI large model concept stock has been hotly pursued by the market.
Today the Hong Kong AI concept sector rose collectively, with Zhipu up more than 23% and MiniMax rising over 20%, pulling related concepts higher together.
China's large models reached 18.81 trillion tokens in weekly calls last week, leading globally for eight consecutive weeks as industry momentum continues to intensify.
