本文源自：金融界AI电报 港股智谱持续拉升，涨超60%，上市三天累计涨幅超110%。 ...

Group 1 - The Hong Kong stock market's AI application sector showed strong performance in the afternoon, with notable gains in several companies [1] - Zhihui (02513.HK) experienced a surge of over 60% [1] - MINIMAX-WP (00100.HK) saw an increase of nearly 30% [1] Group 2 - Other companies such as Weimob Group (02013.HK) and Kingsoft Cloud (03896.HK) also experienced upward movement in their stock prices [1]

每经AI快讯，1月12日，港股智谱持续拉升，涨超60%，上市三天累计涨幅超110%。 ...

Group 1 - The Hong Kong stock market saw a strong performance on January 12, with significant gains in tech, media, and aerospace sectors, particularly AI concept stocks [1] - Notable performers included Zhihui, which surged nearly 38%, and MINIMAX, which rose over 25% [1] - Other companies that experienced substantial gains include Lion Group (up over 28%), Kingsoft Cloud (up 13%), Meitu (up 11%), and several others in the tech sector [1][2] Group 2 - Bloomberg industry research indicates that the earnings growth of Chinese tech giants is expected to surpass that of the "seven giants" in the US stock market for the first time since 2022, with a significant turning point anticipated in 2026 [3] - DeepSeek is set to release its next-generation V4 model in mid-February, which is expected to excel in programming tasks, long code prompt processing, and improved data pattern understanding [3] - The development of large models is accelerating the commercialization of AI applications, particularly in search & marketing, coding, multimodal applications, agents, and AI for science [3] - The evolution of large models is seen as a key tool for companies with deep industry know-how, particularly in AI healthcare, which is transitioning from a single auxiliary tool to comprehensive lifecycle management [3]

Core Viewpoint - The stock price of Beijing Zhiyun Huazhang Technology Co., Ltd. (referred to as "Zhiyun") has increased by 31.90%, reaching HKD 209.20 per share, with a total market capitalization of HKD 92.096 billion following the announcement of a strategic partnership with Didi to explore key technologies in general artificial intelligence (AGI) and their applications in the transportation sector [2]. Group 1 - Zhiyun's stock price rose significantly, reflecting positive market sentiment [2]. - The total market capitalization of Zhiyun reached HKD 92.096 billion, indicating strong investor interest [2]. - The strategic cooperation with Didi focuses on advancing AGI technologies and their application in intelligent agents within the transportation industry [2]. Group 2 - The collaboration aims to promote the implementation of intelligent agent scenarios and talent development in large model fields [2]. - The partnership will enhance the alignment of intentions and reasoning capabilities in transportation scenarios [2]. - The initiative seeks to validate and implement intelligent agents in more complex business environments [2].

Core Viewpoint - The stock price of Zhipu (2513.HK), known as the "first global large model stock," surged by 45.34% to 230.6 HKD on its third trading day, reaching a market capitalization of 101.4 billion HKD [1] Group 1: Strategic Partnerships - Zhipu has announced a strategic partnership with Didi to explore key technologies in General Artificial Intelligence (AGI) and their applications in the transportation sector [1] - The collaboration aims to advance the implementation of Agent scenarios and talent development in the large model field, enhancing intention alignment and reasoning capabilities in transportation contexts [1] Group 2: Company Achievements - Zhipu is one of the earliest companies in China to engage in large model research, having introduced the GLM pre-training paradigm and released several significant models, including the first hundred-billion model and the first open-source trillion model [1] - The company is recognized for maintaining a comprehensive model system that aligns with global top-tier standards, earning it the title of "China's OpenAI" [1] Group 3: Financial Projections - Zhipu is projected to exceed 100 million USD in revenue by 2025, with local deployment revenue accounting for 85% and cloud revenue increasing from 0% to 15% over the past two years [1] - The cloud revenue share is expected to continue rising this year, driven by high-cost performance coding tools [1]

Core Viewpoint - Zhiyuan (02513) has seen its stock price surge over 45%, nearing a doubling from its IPO price of 116.2 HKD, with a market capitalization exceeding 100 billion HKD [1] Company Overview - Zhiyuan is one of the earliest companies in China to engage in large model research and development, having pioneered the general pre-training paradigm GLM based on autoregressive fill-in-the-blank [1] - The company has released several significant models, including China's first hundred-billion model, the first open-source trillion model, the first dialogue model, the first multimodal model, and the world's first device control agent, establishing a comprehensive model system [1] - Zhiyuan is recognized for maintaining a competitive edge in original technology, aligning with global standards, and is often referred to as "China's OpenAI" [1] Strategic Partnerships - Recently, Zhiyuan announced a strategic partnership with Didi, focusing on collaborative exploration of key technologies in general artificial intelligence (AGI) and their applications in the transportation sector [1] - The partnership aims to advance the implementation of agent scenarios and talent development in the large model field, enhancing intent alignment and reasoning capabilities in transportation scenarios [1] - The collaboration will also facilitate the validation and implementation of agents in more complex business environments [1]

本文源自：金融界AI电报 "全球大模型第一股"智谱(2513.HK)今日为上市第三个交易日，股价继续上涨，盘中一度飙升45.34%至 230.6港元，再创上市新高，市值升至1014亿港元。 ...

Core Viewpoint - Zhiyu (02513) has seen its stock price surge over 45%, nearing a doubling from its IPO price of 116.2 HKD, with a market capitalization exceeding 100 billion HKD [1] Company Overview - Zhiyu is one of the earliest companies in China to engage in large model research and development, having pioneered the general pre-training paradigm GLM based on autoregressive fill-in-the-blank [1] - The company has released several significant models, including China's first hundred-billion model, the first open-source trillion model, the first dialogue model, the first multimodal model, and the world's first device control intelligent agent, establishing a comprehensive model system [1] - Zhiyu is recognized for maintaining a level of original technology that is on par with global leaders, earning it the title of "China's OpenAI" [1] Strategic Partnerships - Zhiyu has recently announced a strategic partnership with Didi, focusing on collaborative exploration of key technologies in general artificial intelligence (AGI) and their application in the transportation sector [1] - The partnership aims to advance the implementation of agent scenarios and talent development in the large model field, enhancing intent alignment and reasoning capabilities in transportation scenarios [1] - The collaboration will also facilitate the validation and implementation of agents in more complex business environments [1]

Group 1 - The Hang Seng Index rose by 0.86%, while the Hang Seng Tech Index increased by 2.08% [1] - AI application concept stocks saw significant gains, with major players like Zhiyu and MiniMax leading the surge [1] - Heavy machinery stocks, semiconductor stocks, mobile game stocks, and Apple-related stocks were active in the market [1] Group 2 - Conversely, real estate stocks, insurance stocks, and brain-computer interface concept stocks experienced declines [1]