Core Insights - The recent launch of AI models, including Zhipu's GLM-5, showcases significant advancements in programming and agent capabilities, closely rivaling Claude Opus 4.5 in real-world programming scenarios [1] - Multiple AI models have been released to capitalize on the festive season, including Step 3.5 Flash, Alibaba's Qwen3-Coder-Next, and MiniMax's MiniMax-M2.5 [1] - The Hong Kong stock market has seen a surge in AI model concept stocks, with companies like Zhipu and MiniMax reaching new highs [1] - Xunce Technology focuses on real-time data infrastructure and analytics solutions, developing a millisecond-level AI Data Agent platform that supports various industries in real-time data analysis and decision-making [1] - Xunce's strategy combines a "data computing platform + intelligent agents," positioning it as a key enabler for enterprise-level AI implementation [1] - Xunce Technology's stock price has also reached a new high in the Hong Kong market [1]

港股 AI应用股走势再度分化，海智科技(02706.HK)上市首日涨超224%，智谱(02513.HK)涨超13.5%，本 周累涨达125%，MINIMAX-WP(00100.HK)涨超10%，本周累涨42，总市值双双突破2100亿港元，微创 机器人(02252.HK)涨超9%；腾讯音乐(01698.HK)跌超9.5%，汇量科技(01860.HK)跌超5%，美图 (01357.HK)跌超4%，百度(09888.HK)、美团(03690.HK)、金山云(03896.HK)跌超3%。 ...

（文章来源：每日经济新闻） 每经AI快讯，2月13日，截至发稿，智谱(02513.HK)涨14.93%，盘中一度触及492港元，创下上市以来新 高。 ...

智谱2月12日还发布GLM Coding Plan价格调整函，因市场需求增长，用户规模与调用量提升，公司加大 算力与模型优化投入，产品能力持续升级；公司决定对套餐价格体系进行结构性调整，取消首购优惠， 保留按季按年订阅优惠，套餐价格整体涨幅自30%起，已订阅用户价格保持不变。智谱官方GLM Coding Plan上线即售罄。国产AI编程模型的付费套餐被抢空，在行业中较为罕见。 智谱（02513）早盘一度涨超20%，本周累计涨幅已近140%。截至发稿，涨18.16%，报475港元，成交 额8.63亿港元，总市值2118亿港元。 2月12日，智谱AI正式上线并开源其新一代旗舰模型GLM-5。智谱官方确认，这个新模型正是此前在全 球模型服务平台OpenRouter登顶热度榜首、引发圈内疯狂猜测的神秘模型"Pony Alpha"。 另外值得注意的是，继H股上市后，智谱继续推进其A股上市计划。近日，中国证监会官网更新了智谱 公司的IPO辅导进展信息。根据证监会披露，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。与上次不同的是，智谱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 ...

Core Viewpoint - The stock of Zhiyuan (2513.HK), referred to as the "first global large model stock," surged over 22%, reaching a peak of 492 HKD, marking a historical high and bringing its market capitalization close to 220 billion HKD, making it the largest in the large model sector [1] Group 1: Company Performance - Zhiyuan's stock performance reflects a significant increase in market interest, driven by the launch of GLM5, which has led to explosive growth in user traffic [1] - The company has achieved a market capitalization of nearly 220 billion HKD, positioning itself as the leader in the large model market [1] Group 2: Industry Dynamics - The launch of Zhiyuan's GLM5 has resulted in substantial pressure on foundational resources, necessitating urgent expansion supported by domestic chip manufacturers [1] - The industry is entering a dual-driven era with domestic models and computing power, indicating a shift towards commercial applications of domestic computing capabilities [1]

Core Viewpoint - Recent positive developments in domestic AI large models have led to a rise in related stocks, with notable performances from companies like Zhizhu (02513) and MiniMax (00100) [1] Group 1: Market Performance - Large model concept stocks rose against the market trend, with Zhizhu and MiniMax showing strong performance, and XunCe (03317) increasing by over 3% during trading [1] Group 2: Product Launches - Domestic AI large models are set to launch intensively before the Spring Festival, including Zhizhu's new flagship model GLM-5 and MiniMax's Minimax 2.5 [1] - Anticipated releases include Alibaba's Qwen 3.5 and ByteDance's Doubao Model 2.0, expected to be unveiled during the Spring Festival [1] - Market analysts suggest that DeepSeek's new version may also be released around the Lunar New Year [1] Group 3: Company Focus - XunCe Technology specializes in real-time data infrastructure and analytical solutions, developing a millisecond-level AI Data Agent platform [1] - The platform supports various industries, including finance, urban operations, energy, high-end manufacturing, healthcare, satellite, robotics, telecommunications, and consumer markets, facilitating real-time data analysis and efficient decision-making in the AI era [1] - XunCe's real-time data platform addresses challenges related to data dispersion and insufficient real-time capabilities during the implementation of AI large models [1]

2026-02-12 摘要 智谱 GLM 5 在长期任务中取得显著进步，缩小了与 Cloud OPIUS 4.5 的差距，并在部分 benchmark 测试中超越后者。GLM 5 的 API 和 Coding Plan 已上线，API 定价已公布，Coding Plan 将于 2 月 16 日 正式上线。 智谱推出了特工模式（视角转换、数据分析、AI PPT 支持）、数据洞察 （数据解析、画图、导出多种格式文件）和写作功能（支持多种写入模 式并导出 PDF 和 Word）。 Minimax 发布了 M2.5，是首个为 Agent 场景原生设计的生产级模型， 支持 Excel 处理、深度调研及 PPT 等生产力场景，但 API 尚未上线， 也未公布价格。 GLM 5 的 Output 定价为每百万 Tokens $3.2，GLM 4.6 和 GLM 4.7 从 $1.5 提升至 $2.2，国内 API 价格提升幅度在 33%至 100%之 间，海外市场为 67%至 100%。Coding Plan 国内 Light 和 Max 两个 季度收费版本分别提高了 23%和 18%；海外市场分别提高了 60%和 30% ...

Core Viewpoint - Recent positive developments in domestic AI large models have led to a rise in related stocks, with companies like Zhiyu (02513) and MiniMax (00100) showing strong performance, while XunCe (03317) saw an intraday increase of over 3% [1] Group 1: Market Developments - Domestic AI large models are set to launch new versions before the Spring Festival, including Zhiyu's flagship model GLM-5 and MiniMax's Minimax 2.5 [1] - Anticipated releases during the Spring Festival include Alibaba's Qwen 3.5 and ByteDance's Doubao Model 2.0, with market analysts suggesting that DeepSeek's new version may also be released during this period [1] Group 2: Company Focus - XunCe Technology specializes in real-time data infrastructure and analytics solutions, creating a millisecond-level AI Data Agent platform [1] - The platform supports various industries such as finance, urban operations, energy, high-end manufacturing, healthcare, satellite, robotics, telecommunications, and consumer markets in real-time data analysis and efficient decision-making [1] - XunCe's real-time data platform addresses challenges related to data dispersion and insufficient real-time capabilities during the implementation of AI large models [1]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 客户端 智谱（02513）早盘涨超20%，本周累计涨幅已近140%。截至发稿，股价上涨20.15%，报483港元，成 交额8.03亿港元。 2月12日，智谱AI正式上线并开源其新一代旗舰模型GLM-5。智谱官方确认，这个新模型正是此前在全 球模型服务平台OpenRouter登顶热度榜首、引发圈内疯狂猜测的神秘模型"Pony Alpha"。 值得注意的是，智谱于2月12日发布GLM Coding Plan价格调整函，因市场需求增长，用户规模与调用量 提升，公司加大算力与模型优化投入，产品能力持续升级；公司决定对套餐价格体系进行结构性调整， 取消首购优惠，保留按季按年订阅优惠，套餐价格整体涨幅自30%起，已订阅用户价格保持不变。智谱 官方GLM Coding Plan上线即售罄。国产AI编程模型的付费套餐被抢空，在行业中较为罕见。 责任编辑：卢昱君 智谱（02513）早盘涨超20%，本周累计涨幅已近140%。截至发稿，股价上涨20.15%，报483港元，成 交额8.03亿港元。 2月12日， ...

消息面上，2月12日，智谱AI正式上线并开源其新一代旗舰模型GLM-5。智谱官方确认，这个新模型正 是此前在全球模型服务平台OpenRouter登顶热度榜首、引发圈内疯狂猜测的神秘模型"Pony Alpha"。 值得注意的是，智谱于2月12日发布GLM Coding Plan价格调整函，因市场需求增长，用户规模与调用量 提升，公司加大算力与模型优化投入，产品能力持续升级；公司决定对套餐价格体系进行结构性调整， 取消首购优惠，保留按季按年订阅优惠，套餐价格整体涨幅自30%起，已订阅用户价格保持不变。智谱 官方GLM Coding Plan上线即售罄。国产AI编程模型的付费套餐被抢空，在行业中较为罕见。 智谱(02513)再涨超20%，本周累计涨幅已近140%。截至发稿，涨15.92%，报466港元，成交额6.23亿港 元。 ...