HK Stock Market Move | KNOWLEDGE ATLAS (02513) rose more than 40% in midday trading to a record high, with a market value exceeding one trillion Hong Kong dollars. The CEO is optimistic about China's model catching up speed.

KNOWLEDGE ATLAS (02513) rose by over 40% during the trading session, reaching a high of 2814 Hong Kong dollars, once again breaking the record for the highest listed price, with a total market value exceeding one trillion Hong Kong dollars. As of the time of writing, it has risen by 32% to 2764 Hong Kong dollars, with a trading volume of 22.69 billion Hong Kong dollars. On the news front, after KNOWLEDGE ATLAS AI released GLM-5.2, on June 18, a user X asked "When will China's large model reach the Fable level," to which Elon Musk replied "Possibly (in the first quarter of 2027)," KNOWLEDGE ATLAS AI CEO Tang Jie directly stated "It won't take that long." Musk later added that catching up in benchmark testing is relatively easy, but in terms of "real usability," it is already quite impressive by next year's Q1. On June 17, KNOWLEDGE ATLAS announced the launch of GLM-5.2, which is released under the most liberal MIT license for open source, allowing for free commercial use. It achieved a significant improvement in the ability for stable long-range programming with a usable 1M context. On the Artificial Analysis comprehensive list, GLM-5.2 scored 51 points, ranking among the top three models globally and leading in open-source models SOTA; in authoritative benchmarks such as FrontierSWE and Terminal-Bench, GLM-5.2 narrowed the gap with the top international model Claude Opus 4.8 to 1%-4%.