Hong Kong Stock Market News | Meitu Inc. Surges Over 9%, Leading the AI Concept Stocks. Overseas Giants' AI Events and Products Expected to Catalyze the Market.
AI concept stocks have collectively risen. As of the time of writing, Meitu Inc. has increased by 9.81% to HKD 3.47, Yuewen Group has risen by 4.92% to HKD 28.8, SenseTime-W has increased by 4.38% to HKD 1.43, and Baidu Group-SW has risen by 4.35% to HKD 134.4.
According to the Zhongtong Finance APP, AI concept stocks have collectively risen. As of the time of writing, Meitu Inc. (01357) has risen by 9.81% to HKD 3.47; Yuewen Group (00772) has risen by 4.92% to HKD 28.8; SenseTime-W (00020) has risen by 4.38% to HKD 1.43; Baidu Group-SW (09888) has risen by 4.35% to HKD 134.4.
In terms of news, AI iteration and subsequent events continue to accelerate. OpenAI announced the launch of the multimodal model GPT-4V; Meta officially announced Meta AI, a chatbot built on the open-source model Llama2; Microsoft announced that Microsoft 365 Copilot will be fully launched for enterprise customers on November 1st this year.
TF Securities pointed out that it is expected that overseas AI events and AI product iterations by industry giants will become important catalysts for the AI market, similar to the release of GPT4 in the first half of the year. It is expected that more AI applications will continue to emerge with the upgrading of large-scale model technology. Zheshang Securities also stated that AI investment will transition from the logical mapping stage to the data-driven stage of application implementation.
