On August 21, the Hong Kong stock market witnessed a notable short-term surge in large model concept stocks. MINIMAX-W emerged as a standout performer, skyrocketing by over 14%, while Zhipu also saw a significant rise of over 10%. This rally comes amidst Samsung Electronics' decision to hike its quotes for advanced wafer foundry services, a move that reflects the burgeoning demand for AI computing power which is rippling upstream. Additionally, Zhipu has made waves in the industry by launching the GLM-5.3 model API, a product that stands toe-to-toe with closed-source flagship models in terms of performance.
