LiuLiu Mei Surges 8% on LLM Abbreviation Speculation
LiuLiu Mei (6658.HK) surged 8% during regular trading to HK$157.8. Market investors connected the company's English abbreviation "LLM" with Large Language Model, triggering speculative buying that pushed the stock higher.
The recently listed company has previously drawn attention from this concept but faces pressure on fundamentals.
