The two major models in the Hong Kong stock market surged to new highs! Zhipu announced a price increase, with overall hikes for GLM Coding Plan starting at 30%, as multiple large companies intensively upgrade their new models.

On February 12, Zhipu released a price adjustment notice for GLM Coding Plan, stating that the market demand for GLM Coding Plan has continued to grow strongly recently, with a rapid increase in user base and usage volume.

Securities Times11:27

Zhipu has released its new flagship model, GLM-5, with a focus on enhancing programming and agent capabilities.

On February 11, Zhipu launched its new flagship model GLM-5, expanding the parameter scale to 744 billion and reaching 28.5 trillion tokens of pre-training data, incorporating the DeepSeek sparse attention mechanism. Internal evaluations indicate that its performance on programming tasks has improved by over 20% compared to the previous generation, with a user experience closely approaching Claude Opus 4.5. It ranked first in three open-source evaluations for Agent models, including BrowseComp, with asynchronous reinforcement learning as the core breakthrough.

wallstreetcn02:20

Express News | DouBao Video Generation Model Seedance 2.0 Launched

Breakings15minutes ago

Renowned hedge fund Lone Pine Capital: The AI bubble will not emerge until OpenAI goes public; instead of short-term speculation, focus on the global landscape over the next 3-5 years.

David Craver, Co-Chief Investment Officer of Lone Pine Capital, a renowned hedge fund managing over 19 billion US dollars in assets, shared his in-depth insights on current market structure changes, the progress of artificial intelligence (AI), and investment philosophy.

wallstreetcn41minutes ago

Hong Kong Stocks Midday Review | Hang Seng Index fell 0.89% in the morning session, while Zhipu surged 24% against the trend, leading gains in AI large models.

Optical communication-related stocks led the gains. Zhongji Xuchuang refuted rumors of CSP order cancellations, and North American CSP capital expenditures maintained a strong growth trend.

Zhitong Finance42minutes ago

JPMorgan predicts that Tencent (00700.HK) will benefit the most from the new version iteration of DeepSeek.

JPMorgan Chase released a report stating that the Lunar New Year remains the most concentrated and historically impactful launch window in China’s consumer technology sector. If the new version of DeepSeek is released during the Lunar New Year period, its most significant impact will likely be unlocking the economic potential of platform-based ecosystems. Should this iteration achieve a substantial efficiency-driven reduction in inference costs, AI could become economically viable, enabling direct integration into high-frequency consumer products rather than being confined to standalone chatbot formats. Among internet platforms, the bank believes that Tencent (00700.HK) is most likely to benefit significantly from the potential release of the new DeepSeek version.

AASTOCKS11:36