UB#SENTMRP2811B.P (60055) News

ByteDance is reportedly planning to train a large AI model with over 5 trillion parameters.

Chinese media, citing sources, reported that ByteDance is currently discussing the development of a model with over 5 trillion parameters—surpassing Alibaba’s Qwen 3.8-Max (2.4 trillion parameters) and Moonshot AI’s K3 (2.8 trillion parameters)—making it the largest-parameter model known to date in China. The plan remains in its early stages, and the model may not ultimately be released. It is understood that the new model will be led by Xiang Liang, head of Seed Foundation, in collaboration with Shen Ke, who oversees pre-training data for large language models. To this end, Seed is currently reorganizing its structure, clarifying responsibilities, and allocating resources. Seed team

AASTOCKSAug 7 09:12

DeepSeek plans to raise API service pricing in the near term.

DeepSeek stated that it plans to implement a broad increase in API service pricing in the near term, with a significant price hike expected.

AASTOCKSAug 6 10:16

Meta (META.US) launches its first AI coding agent, challenging Anthropic and OpenAI.

Meta (META.US) has launched its first coding agent, named Muse Code, to compete with leading AI labs Anthropic and OpenAI. Muse Code marks the latest major product release by AI executive Wang Tao, who leads Meta’s Superintelligence Labs and oversees foundational model development. He joined Meta in June last year as a key addition to CEO Mark Zuckerberg’s efforts to reshape the company’s artificial intelligence strategy. The tool competes with Anthropic’s Claude and OpenAI’s

AASTOCKSAug 6 09:13

Moonshot AI reportedly launched its pre-IPO financing round with a valuation of USD 50 billion.

According to The Paper’s科创板 Daily, citing informed sources, Moonshot AI has launched its Series G (Pre-IPO) financing round, with a valuation of USD 50 billion in this round. The sources indicated that investor demand tightened rapidly following the release of the Kimi K3 model. As details of the new share offering were only recently disclosed to the market, the process remains in its early stages. Some institutions have already registered their interest in subscribing, and the subsequent closing schedule is still being finalized. The report noted that this round marks Moonshot AI’s final private equity fundraising prior to its initial public offering. Recent reports also indicated that Moonshot AI plans to submit its IPO application to the Hong Kong Stock Exchange as early as this month, aiming to raise approximately USD 3 billion.

AASTOCKSAug 5 11:10

Nearly 80% of companies are granting salary increases only to AI-related roles, with compensation budgets precisely targeted at the top talent tier.

On August 4, a report published by Securities Times cited the following figure: a Tsinghua University doctoral candidate graduating in 2026, specializing in artificial intelligence and computer vision, who published multiple papers during their PhD at top-tier academic conferences such as the Conference on Computer Vision and Pattern Recognition, secured an annual total compensation package of RMB 6 million upon joining a leading tech company to work on vision-language models (Source: Securities Times, August 4, 2026). This figure tends to leave readers with two impressions: AI is highly lucrative, and it is out of reach for ordinary people. However, when viewed within the broader context of the same job market landscape, a more meaningful insight emerges for the average professional—

businesstimes cnAug 4 14:24

SenseTime (00020.HK) entered into a strategic cooperation agreement with the Center for Educational Technology and Resource Development under the Ministry of Education.

SenseTime-W (00020.HK) announced that it has recently formally signed a strategic cooperation framework agreement with the Center for Educational Technology and Resources Development under the Ministry of Education (Central Institute for Educational Technology). The two parties plan to collaborate in areas such as promoting the application of technology in public education services, facilitating deep integration between educational technology and teaching resources, and empowering the intelligent development of national-level education service platforms. The Center for Educational Technology and Resources Development is a directly affiliated public institution of the Ministry of Education, dedicated to 'promoting the application of technology in public education services, facilitating deep integration between educational technology and teaching resource development, and building national-level educational technology and resource'

AASTOCKSAug 4 12:38

Hong Kong Stock Market Movement | AI Applications Rebound Amid Evolving 'Software Is Eating the World' Narrative, with Model Capability Iteration and Token Usage Providing Support

AI applications have regained momentum. As of the time of writing, Minolit (02718.HK) rose 17.47% to HK$53.85, and Kingdee International (00268.HK) gained 5.52% to HK$8.79.

Zhitong FinanceAug 3 10:58

AI applications are gaining momentum once again, the 'software is eating the world' narrative is gradually being revised, and iterative improvements in model capabilities along with token usage are providing support.

AI applications have regained momentum. As of the time of writing, Minolit (02718.HK) rose 17.47% to HK$53.85, and Kingdee International (00268.HK) gained 5.52% to HK$8.79.

Zhitong FinanceAug 3 10:24

Hong Kong Stocks Climb 0.7% In Early Trading

Dow JonesAug 3 10:01

Most Hong Kong-listed robotics-related stocks rose, as Unitree Technology received approval for its STAR Market IPO and Tesla's Optimus is set for mass production by year-end.

As of July 31, most Hong Kong-listed robotics-related stocks rose, with Xiangong Intelligence up nearly 14%, Zhaowei Mechatronics and Lefort Harmonic Drive gaining over 8%, and Geekplus-W and RoboSense each rising more than 7% as of the time of reporting.

Zhitong FinanceJul 31 11:31

Express News | National Development and Reform Commission: AI-related sectors maintain high growth of over 30%

BreakingsJul 31 11:03

Express News | Meeting of the Political Bureau of the CPC Central Committee: Effectively expand domestic demand and actively promote breakthroughs in frontier technologies and the development of future industries.

BreakingsJul 30 14:37

Altman reflects on OpenAI's toughest year: Distillation isn't among my top ten concerns, AGI is within reach, and robotics will have its 'ChatGPT moment' in 2–3 years.

Altman rarely revisited the company's strategic missteps over the past year, acknowledging that overextension was the root cause and that the company has since significantly narrowed its focus. He remained unfazed by external speculation about distillation competition, stating plainly, 'It’s not among my top ten concerns,' as the scale of inference operations is sufficient to cover training costs. He believes AGI is 'very close,' with GPT-5.6 nearing the threshold; robotics will reach a ChatGPT-like moment of mass adoption within two to three years.

wallstreetcnJul 29 11:34

Express News | AI application stocks listed in Hong Kong performed strongly, with Minly Technology rising over 11%, Kingdee International, JD Health, WeRide, and Meitu all gaining more than 5%, Pony AI climbing over 4%, and Kingsoft Cloud and Mobvista increasing by more

BreakingsJul 29 09:52

Goldman Sachs: Mainland AI developers may shift to cloud platforms to charge licensing fees.

Langting Jiang, Head of Asia Internet Research at Goldman Sachs, told the South China Morning Post that mainland AI developers may begin charging commercial licensing fees to cloud platforms hosting their open-weight models, as enterprises seek to capture more revenue from the surge in global usage. This assessment comes as Chinese AI models—such as Kimi K3 from Moonshot AI and GLM-5.2 from Zhipu AI (02513.HK)—have reached performance levels only slightly behind those of leading U.S. counterparts. However, because Chinese developers typically release their models under open-source licenses, foreign platforms and developers can freely download and modify

AASTOCKSJul 28 13:06

Moonshot AI fully open-sources Kimi K3! It topped the trending chart of open-source communities within 30 minutes, prompting cloud providers both domestically and internationally to collectively announce Day 0 support.

Moonshot AI has open-sourced its most capable model to date.

cls.cnJul 28 11:27

Shares of some AI application companies rose as Yuezhi Anmian officially open-sourced the Kimi K3 model, with institutions noting a significant leap in the capabilities of open-source models.

As of July 28, shares of select AI application companies rose, with Jishi Vision up over 9%, China Software International up nearly 9%, Kingdee International up over 5%, and Maifushi up nearly 5%.

Zhitong FinanceJul 28 11:22

Ministry of Commerce of China: Chinese AI companies have long been committed to fundamental research; urges the U.S. side to cease unfounded accusations and threats of sanctions.

In response to the U.S. announcement of its intention to investigate and impose sanctions on Chinese artificial intelligence enterprises, a spokesperson for China's Ministry of Commerce stated that China has consistently opposed the U.S. practice of politicizing and instrumentalizing science, technology, and trade issues, as well as slandering Chinese companies and imposing sanctions on them under various unfounded pretexts. The U.S. side has disregarded facts such as the close release timing between certain Chinese AI models and cutting-edge U.S. models, and the fact that some Chinese models have already achieved leading capabilities, instead falsely accusing Chinese firms of relying on 'distillation' and 'stealing U.S. intellectual property,' and even threatening punitive measures. These actions lack factual basis, have no legal grounding, and reflect double standards in practice.

AASTOCKSJul 28 09:07

Kimi K3 Open Day: Model weights, technical report, and key infrastructure technologies released simultaneously

Yue zhi Anmian has released the model weights and technical report for Kimi K3, and has open-sourced MoonEP, FlashKDA, and AgentEnv—the key Infra technologies underpinning Kimi K3 model training—making them freely available for anyone to download and deploy.

wallstreetcnJul 28 00:54

Hong Kong-listed robotics-related stocks rose as Tesla's Optimus humanoid robot approaches mass production by year-end, accelerating the industrialization of humanoid robots.

July 27 — Most robotics-related stocks rose. As of the time of reporting, Lai Fu Harmonic gained more than 7%, MicroPort Robotics rose nearly 6%, Zhaowei Electromechanical, Horizonrobot, and Estun climbed nearly 4%, while Junse Electronics and Sanhua advanced over 2%.

Zhitong FinanceJul 27 14:36