HK Stock Market Move | HQVT (01392) Surges Over 18% Again as "Zhiyuan Qiyuan Large Model" Obtains Shenzhen Official Model Service Qualification

HQVT (01392) closed up nearly 30% yesterday and rose more than 18% again in early trading today. As of press time, it was up 11.83% at HK$27.6, with a turnover of HK$102 million. On the news front, the Shenzhen Municipal Bureau of Industry and Information Technology recently announced the proposed new list of model service institutions for 2026. HQVT was successfully selected thanks to its self-developed "Zhiyuan Qiyuan Large Model." With this proposed inclusion, eligible local enterprises in Shenzhen that purchase its multispectral AI services can enjoy policy subsidies, which will help lower customers' procurement costs, expand orders in more industrial scenarios, and accelerate the commercialization penetration of vertical large models. It is worth noting that HQVT has been included in the Hang Seng Composite Index and the Stock Connect eligible shares list, effective September 7. This inclusion is not only an important capital markets milestone after the company's listing on the Hong Kong Stock Exchange, but also demonstrates authoritative recognition by the capital markets of HQVT's growth prospects and long-term industrial value.