Large Model Concept Stocks Watch | Mininglamp Technology-W (2718.HK) Surges Over 30% Intraday; AI Hardware, Software, and Related Services Will Bring a Trillion-Dollar Incremental Market

NewTimeSpace (newtimespace.com) News, on June 12, 2026, the large model concept stock Mininglamp Technology-W (2718.HK) continued to skyrocket during morning trading. As of 10:25 AM, the company's share price was quoted at HK$275.20, up 36.10%.

Choice data shows that Mininglamp Technology closed up 19.93% on June 11, 2026. As of now, its cumulative gain over the past two days has exceeded 60%.

On the news front, on June 11, the Hong Kong Exchanges and Clearing Corporation (HKEX) Future Technology Summit was held in Shenzhen. Bonnie Y Chan, Chief Executive Officer of HKEX Group, pointed out that the current development of AI exhibits four distinct evolutionary threads: technical capabilities continue to leap forward, with consecutive breakthroughs emerging from large models to generative AI; application scenarios are accelerating their implementation, with AI deeply penetrating tangible industries such as autonomous driving, healthcare, and energy; and the industrial chain is rapidly taking shape, with a systematic structure emerging from computing power and chips to model platforms, and further extending to application ecosystems. Concurrently, the boundaries of computing power are increasingly determined by energy supply, meaning the energy supply system will become the core infrastructure supporting the large-scale development of artificial intelligence.

Mark J. Fiteny, Managing Director at JPMorgan Chase, predicted that AI hardware, software, and related services will bring a trillion-dollar incremental market, and AI is expected to add USD 16 trillion to global GDP by 2030.

TF Securities previously pointed out in its research report on Mininglamp Technology's 2025 annual report that as the agentic business continues to unfold, the company is expected to generate revenue in the B2B market by providing Agentic AI products. Meanwhile, the market might underestimate the data advantages accumulated by Mininglamp Technology since 2019 and its auxiliary role for self-developed large models. The company is expected to usher in the release of new agentic products and services over the coming year, and the penetration rate of Agentic AI in the B2B market is poised to continuously rise, with AI empowerment further elevating the company's delivery quality or achieving cost reduction and efficiency enhancement.

MININGLAMP-W (02718.HK)As an LLM concept stock, the company fully underpins its Agentic AI positioning with its self-developed edge models—Mano, Cito, and Mano-P—alongside the Cider inference framework. Its business architecture utilizes the DeepMiner LLM as the underlying engine and Octo as the collaborative hub, uniformly delivering various AI products and industry solutions in the form of Agentic Services. Mininglamp pursues a differentiated technological route, bypassing the parameter expansion of general models in favor of a "Scaling Out" approach that coordinates multiple specialized small models. Its core moats do not rely on parameter scale, but rather on granular scenario data, specialized models, and continuous learning. This enables it to achieve a level of precision in vertical scenarios that general models cannot match, as it remains committed to building an open-source, privately deployable, and white-box auditable Private AI infrastructure.

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