Hong Kong Stock Market Update | AI Application Concept Gains Momentum Against the Trend, Exceeding Expectations in Earnings Reports Catalyze US AI Application Software Stocks; Scenario Tokens Expected to Reshape AI Application Business Models

AI application software stocks have performed strongly against the market trend. As of the time of writing, Meitu (01357) surged 14.62%, trading at HKD 5.41; Maifushi (02556) rose 11.21%, trading at HKD 43.66.

Zhitong FinanceMay 8 10:18

DouBao, known for its aggressive cash-burning strategy, has started charging fees, marking the 'commercialization epoch year' for China's large-scale AI models.

DouBao, with 345 million monthly active users and an average daily consumption of 120 trillion tokens, is shifting its computing power costs to heavy users. According to Morgan Stanley estimates, under an optimistic scenario, DouBao’s annual subscription revenue could reach 1.5 billion US dollars. As the most aggressive subsidizer in China’s consumer-level AI sector, DouBao’s move sends a significant signal: the cultivation phase of Chinese consumers’ AI usage habits has largely been completed, and the industry is transitioning from user subsidies to commercial sustainability.

wallstreetcnMay 6 10:51

INSPUR DIGI ENT: ANNUAL REPORT 2025

HKEXApr 30 22:16 · Announcements

H-share Movement | Inspur Digital Enterprise (00596) surged over 20% in the afternoon session. The company unveiled an AI-native product system for enterprises centered around Haiyue Software.

Inspur Digital Enterprise (00596) surged over 20% in the final trading session. As of the time of writing, it had risen by 20.37%, trading at HKD 2.6, with a turnover of HKD 55.9527 million.

Zhitong FinanceApr 27 15:54

Weekend Reading | Five Key Signals from DeepSeek V4

On April 24, the much-anticipated preview version of DeepSeek's V4 model was finally released, with its weights simultaneously open-sourced.

wallstreetcnApr 26 09:49

AI race intensifies! OpenAI releases GPT-5.5, touted as the 'most intelligent ever,' while Anthropic simultaneously markets Mythos to the UK industry.

OpenAI has released GPT-5.5; meanwhile, banks and enterprises in the UK are seeking to adopt Anthropic's Mythos.

Zhitong FinanceApr 24 10:35