Core Viewpoint - Beijing Zhiyuan Huazhang Technology Co., Ltd. (referred to as "Zhiyuan", stock code "HK2513") experienced a significant stock price increase, reaching a peak of over 22% and hitting HKD 492 per share, with a total market capitalization exceeding HKD 210 billion, marking a new historical high [2] Group 1: Company Performance - Zhiyuan's stock price surged due to the launch of GLM-5, which achieved state-of-the-art (SOTA) performance in coding and agent capabilities, closely approaching the performance of Claude Opus 4.5 in real programming scenarios [2] - The GLM-5 model ranked fourth globally and first among open-source models in the global Artificial Analysis leaderboard [2] Group 2: Industry Impact - The launch of GLM-5 led to explosive growth in traffic for Zhiyuan's developer community, resulting in significant pressure on foundational resources [2] - With support from domestic chip manufacturers, Zhiyuan is rapidly expanding its resources to ensure stable usage for GLM Coding pro users [2] - The industry is entering a dual-driven era of domestic models and domestic computing power, with Zhiyuan's advancements facilitating the commercialization of domestic computing power [2]

【#智谱科创板IPO新动态#】#智谱拟冲刺科创板# "全球大模型第一股"智谱继续冲A。 2月13日，智谱港股走势持续上扬，盘中最高涨超22%，截至发稿涨超13%。（上海证券报） 近日，中国证监会官网更新了智谱公司的IPO辅导进展信息，智谱撤回了其于2025年4月提交的辅导备 案，并办理了新的辅导备案登记。 最新辅导备案报告显示，智谱拟冲刺科创板。同时，其IPO辅导机构变更为两家券商，由原来的中金公 司变更为国泰海通证券和中金公司两家。 ...

Market Overview - The market experienced fluctuations with all three major indices declining: Shanghai Composite Index down 0.7%, Shenzhen Component Index down 0.67%, and ChiNext Index down 0.96% [1] - The overall market saw over 2600 stocks decline [1] Sector Performance - The military industry sector led the gains with an increase of 2.09%, highlighted by Yaxing Anchor Chain (601890) hitting the daily limit [2] - The semiconductor sector showed strong performance, with notable stocks like Guofeng New Materials (000859) achieving significant gains over four days [1][2] - The paper-making sector also performed well, with Wuzhou Special Paper (605007) reaching the daily limit [1] Declining Sectors - The oil and gas extraction and port shipping sectors faced significant declines, with China Merchants Energy (600026) and China Merchants Industry (601872) experiencing substantial drops [3] - The oil and gas extraction and service sector fell by 2.14%, while the port shipping sector decreased by 1.88% [4] Hong Kong Market - The Hang Seng Index dropped by 1.79%, and the Hang Seng Technology Index fell by 1.65% [5] - Gold stocks declined, with Zijin Mining (601899) down over 5% and Shandong Gold (600547) down more than 4% [5] - The semiconductor sector in Hong Kong saw significant gains, with stocks like Aixin Yuan Zhi rising over 15% [5] Company Highlights - Zhizhu continued its strong performance, reaching a new high of 492 HKD per share, with a market capitalization exceeding 200 billion HKD [7] - The company announced two major developments: the launch of its next-generation flagship model GLM-5 in overseas markets and a structural price adjustment for its GLMCodingPlan packages [9]

Market Overview - The market experienced fluctuations with all three major indices declining: Shanghai Composite Index down 0.7%, Shenzhen Component Index down 0.67%, and ChiNext Index down 0.96% [1] - The overall market saw over 2,600 stocks decline [1] Sector Performance - The military industry sector led the gains with an increase of 2.09% [2] - The semiconductor sector was active, with notable stocks like Guofeng New Materials achieving a 2-day limit up [1][2] - The paper-making sector also showed strength, with Wuzhou Special Paper hitting the limit up [1] Declining Sectors - The oil and gas extraction and port shipping sectors faced significant declines, with companies like COSCO Shipping Energy and China Merchants Industry experiencing substantial drops [3][4] - The oil and gas extraction and service sector fell by 2.14%, while the port shipping sector decreased by 1.88% [4] Hong Kong Market - The Hang Seng Index dropped by 1.79%, and the Hang Seng Tech Index fell by 1.65% [5] - Gold stocks declined, with Zijin Mining falling over 5% and Shandong Gold dropping more than 4% [5] Notable Company Movements - Zhizhu continued its strong performance, reaching a new high of 492 HKD per share, with a market capitalization exceeding 200 billion HKD [7] - The company announced two significant actions: the launch of its next-generation flagship model GLM-5 in overseas markets and a structural price adjustment for related packages [9]

Market Overview - On February 13, A-shares experienced a collective decline, with the ChiNext Index leading the drop, closing down 0.96%. The Shanghai Composite Index fell by 0.7%, and the Shenzhen Component Index decreased by 0.67%. The total trading volume in the Shanghai and Shenzhen markets reached 1.2 trillion yuan, with over 2,600 stocks declining [1]. Sector Performance - The military industry sector showed strong performance, with Aystar Anchor Chain (601890) hitting the daily limit. The semiconductor sector was active, with concepts related to photolithography and photolithography adhesives rapidly rising. Guofeng New Materials (000859) achieved two consecutive trading limits in four days, while Fuchuang Precision rose over 12%. Semiconductor equipment concepts continued to strengthen, with Shenghui Integration (603163) hitting the daily limit and reaching a historical high [2]. - In contrast, the port and shipping sector saw a collective decline, with China Merchants Energy (600026) and China Merchants Shipping (601872) experiencing significant drops. The photovoltaic equipment sector weakened, with leading stock Shuangliang Energy (600481) hitting the daily limit and losing 2 billion yuan in market value in one day. Other stocks like GCL-Poly Energy (002506) fell over 8% [3]. Hong Kong Market - The Hong Kong market opened lower and continued to decline, with the Hang Seng Index down 1.8% and the Hang Seng Tech Index down 1.6%. Major tech stocks saw declines, with Tencent Music dropping over 10%, Meituan down over 4%, and Baidu Group down 4%. Other companies like JD.com, Bilibili, Li Auto, Alibaba, and Trip.com also experienced declines of over 2% [3]. - The semiconductor sector in Hong Kong showed strength, with Aixin Yuan Zhi rising over 16% and Tian Shu Zhi Xin increasing over 9%. Other stocks like Zhaoyi Innovation (603986) and Brain Hole Technology also saw gains. The large model concept stocks performed actively, with Zhipu Technology reaching a historical high of 492 HKD before narrowing its gains to 12%, having increased over 120% this week [3]. New Listings - The new stock Haizhi Technology Group had an impressive debut, rising over 268% during the day to 99.6 HKD, with a profit of 14,505 HKD per lot based on the issue price of 27.06 HKD per share. The public offering phase recorded an oversubscription of 5,065.06 times, ranking among the top in recent years for Hong Kong IPOs [4]. - Industrial analysts at Industrial Securities expressed optimism for the Hong Kong market, suggesting a "technology bottom + cyclical recovery + beta in dividends" approach to embrace the spring market. Current short-selling transactions account for about 19.2%, indicating that market sentiment has reached a relatively low point, providing momentum for a short-term rebound [4].

Group 1 - The core announcement is that Moole Technology (688795.SH) has completed Day-0 adaptation and verification of the GLM-5 model from Zhizhu AI (02513.HK) on its flagship AI training and inference GPU, the MTT S5000 [1] - The GLM-5 model, released on February 11, is positioned as a top-tier coding model with a 20% performance improvement over its predecessor, featuring advanced capabilities in Agentic Engineering for end-to-end development [1][2] - GLM-5 ranks fourth globally and first among open-source models in the authoritative Artificial Analysis rankings, achieving state-of-the-art scores in key benchmarks [2] Group 2 - The MTT S5000 GPU is designed specifically for large model training, inference, and high-performance computing, with a maximum AI computing power of 1000 TFLOPS and 80GB of memory [2] - The memory bandwidth of the MTT S5000 reaches 1.6TB/s, and inter-card bandwidth is 784GB/s, supporting full precision calculations from FP8 to FP64 [2]

天工国际(00826)涨超5%，将与鲍迪克计划在国内外粉末冶金与热处理业务上展开全面协同。 阅文集团(00772)逆势涨4.59%，Seedance2.0火爆海外，AI漫剧行业有望迎来加速发展。 有色股跌幅居前。流动性挤压下贵金属遭遇抛售，机构看好供需改善品种继续表现。中国有色矿业 (01258)跌5%；紫金矿业(02899)跌5.24%；洛阳钼业(03993)跌4.54%。 智通财经APP获悉，港股恒生指数跌1.79%，跌484点，报26548点；恒生科技指数跌1.65%。港股早盘成 交1284亿港元。 AI大模型继续高歌猛进，智谱GLM Coding Plan官宣涨价，上线即售罄。智谱（02513）继续飙升 11.89%，市值超越2000亿港元；MiniMax(00100）涨超9%。 "图模融合第一股"海致科技(02706)首挂上市，午盘暴涨逾229%。 安东油田服务(03337)盈喜后涨超9%，预期全年利润同比大增48.4%至56.6%。 兆易创新(03986)涨超3%，铠侠业绩指引远超市场预期，市场存储芯片需求激增。 健康之路(02587)盈喜后涨超18%，预计年度利润不低于5000万元，AI软件产品 ...

港股恒生指数跌1.79%，跌484点，报26548点；恒生科技指数跌1.65%。港股早盘成交1284亿港元。 AI大模型继续高歌猛进，智谱GLM Coding Plan官宣涨价，上线即售罄。智谱(02513)继续飙升11.89%， 市值超越2000亿港元；MiniMax(00100)涨超9%。 "图模融合第一股"海致科技(02706)首挂上市，午盘暴涨逾229%。 安东油田服务(03337)盈喜后涨超9%，预期全年利润同比大增48.4%至56.6%。 兆易创新（603986）(03986)涨超3%，铠侠业绩指引远超市场预期，市场存储芯片需求激增。 健康之路(02587)盈喜后涨超18%，预计年度利润不低于5000万元，AI软件产品已贡献3000万元收入。 天工国际(00826)涨超5%，将与鲍迪克计划在国内外粉末冶金与热处理业务上展开全面协同。 阅文集团(00772)逆势涨4.59%，Seedance2.0火爆海外，AI漫剧行业有望迎来加速发展。 有色股跌幅居前。流动性挤压下贵金属遭遇抛售，机构看好供需改善品种继续表现。中国有色矿业 (01258)跌5%；紫金矿业（601899）(02899)跌5.24%；洛 ...

受隔夜美股大跌影响，港股上午盘三大指数低开低走，恒生指数跌1.79%失守二万七关口，国企指数、 恒生科技指数分别下跌1.74%及1.65%，指数连续2日调整近乎抹平日前反弹幅度。作为市场风向标的大 型科技股集体下挫，美团、百度、京东皆刷新阶段新低，金银价格下行，黄金股领衔有色金属股下跌， 保险股、石油股、银行股、汽车股纷纷走低。另外，中国AI大模型春节前密集"上新"，"全球大模型第 一股"智谱盘中大涨超22%续刷新高，荣登大模型市值第一宝座！(格隆汇) ...

"全球大模型第一股"智谱继续冲A。 近日，中国证监会官网更新了智谱公司的IPO辅导进展信息，智谱撤回了其于2025年4月提交的辅导备案，并办理了新的辅导备案登记。 智谱涨价的底气，来自GLM-5的技术突破。这款模型即匿名模型"Pony Alpha"，在海外早已"未发先火"。其面向复杂系统工程与长程Agent任务的开源基 座模型，在大型编程任务中提供对标顶尖闭源模型的生产力，能帮助程序员大幅提高开发效率。 最新辅导备案报告显示，智谱拟冲刺科创板。同时，其IPO辅导机构变更为两家券商，由原来的中金公司变更为国泰海通证券和中金公司两家。 2月13日，智谱港股走势持续上扬，盘中最高涨超22%，截至发稿涨幅近17%，市值近2100亿港元。 | 智谱 < V ાં વ | | --- | | 02513 | | 470.000 今开 422.000 最高 492.000 最低 408.000 | | 16.92% 68.000 换手 1.27% 总手 281万 金额 13.00亿 | | 更多 总值 2095亿 市盈TTM-47.44 市净 -31.09 | 行情的直接催化剂，是智谱2月12日发布的一则涨价声明：因市场需 ...