HK Stock Market Move | 51WORLD(06651) rose by over 15%, reaching a new high, close to doubling the IPO price. The company has already established a complete physical AI closed-loop ecosystem.
On May 1st Vision (06651) rose more than 15% during trading, reaching a high of 60.85 Hong Kong dollars, setting a new record high since its listing, nearly doubling the IPO price of 30.5 Hong Kong dollars. As of the time of writing, it has risen 11.44%, closing at 58.95 Hong Kong dollars, with a trading volume of 48.8156 million Hong Kong dollars.
51WORLD (06651) rose more than 15% during the trading day, reaching a high of HK$60.85, setting a new record high since its IPO at HK$30.5, nearly doubling. As of the time of writing, it has risen by 11.44% to HK$58.95, with a turnover of HK$48.8156 million.
Public information shows that 51WORLD was founded in February 2015 and is a technology company dedicated to cloning 5.1 billion square kilometers of the earth. The company has long been investing in and developing core competitiveness around three major technology areas: 3D graphics, simulation and artificial intelligence. It has launched three core businesses, namely 51Aes (digital twin platform), 51Sim (intelligent driving simulation platform) and 51Earth (digital earth platform), with products widely used by over a thousand large and medium-sized enterprises worldwide, covering 19 countries and regions.
It is reported that the company has established a complete technical capability in the three key components of PhysicalAI (data fuel, spatial model, training platform), and has built a full-chain physical AI closed-loop ecosystem of "synthetic data - spatial intelligent model - simulation training platform", forming a difficult-to-replicate technology and ecological barrier, making it one of the few companies in the world that truly possess the three elements of PhysicalAI. In addition, with its strong engineering implementation capability, 51WORLD's PhysicalAI product systems have been commercialized in vertical scenarios such as intelligent driving, transportation hubs, smart factories, and smart energy.
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