HK Stock Market Move | KNOWLEDGE ATLAS (02513) afternoon gains expand by nearly 30%, total market value breaks through 290 billion Hong Kong dollars.

KNOWLEDGE ATLAS (02513) rose nearly 30% in the afternoon, reaching a high of 658.5 Hong Kong dollars, setting a new record high since its listing. It has surged more than 4.6 times compared to its IPO price of 116.2 Hong Kong dollars, with a total market value exceeding 290 billion Hong Kong dollars. As of the time of writing, it is up 29.53% at 658 Hong Kong dollars, with a trading volume of 23.23 billion Hong Kong dollars. On the news front, KNOWLEDGE ATLAS recently launched its new flagship model GLM-5 and announced a price increase for its AI programming subscription package, GLM Coding Plan, with an overall price increase starting from 30%. Guolian Minsheng Securities stated that the price increase of KNOWLEDGE ATLAS' GLM Coding Plan reflects a change in industry pricing logic: when reasoning consumption becomes a means of production, model manufacturers have the opportunity to transform "scarcity of computing power" into gross margin and cash flow through tiered pricing and subscription products. According to Dawning Information Industry, the Shuguang SothisAI has recently been upgraded, with full integration of KNOWLEDGE ATLAS' GLM-5 and Alibaba's Qwen 3.5 large models, and further simplification and optimization of the enterprise AI platform construction and operation process. In addition, "Taichu Yuanyi" has completed the deep adaptation work of multiple domestic mainstream open-source large models, including KNOWLEDGE ATLAS' GLM-5.0 and Alibaba's Qwen 3.5-397B-A17B.