Daily Report on Hong Kong-Listed LLM Concept Stocks (May 27, 2026)

Stock Code

Stock Name

Latest Price (HKD)

MTD Change (%)

00100.HK

MINIMAX-W

850

10.53%

02513.HK

ZHIPU AI

1,425.00

5.95%

02718.HK

MININGLAMP-W

325.6

3.76%

09888.HK

BIDU-SW

128.2

0.16%

00700.HK

TENCENT

434.4

-1.05%

03317.HK

XUNCE

244.6

-1.13%

01024.HK

KUAISHOU-W

45.28

-1.14%

03690.HK

MEITUAN-W

77.7

-1.40%

09988.HK

BABA-W

124.3

-2.59%

00020.HK

SENSETIME-W

1.74

-2.79%

Stock Name

Stock Code

Market Position

LLM Products & Business Profile

KNOWLEDGE ATLAS

02513.HK

A leading player in China's independent LLM sector

Knowledge Atlas Technology Joint Stock Company Limited (02513.HK; commercially known as Zhipu AI) is a leading player in China's independent large language model (LLM) sector (recognized for its capabilities and market position by Frost & Sullivan). The company has released its next-generation flagship model, GLM-5, achieving open-source State-of-the-Art (SOTA) performance in coding and agentic capabilities. It has also open-sourced the multimodal image generation model GLM-Image in collaboration with Huawei. Focusing on novel model architecture design, generalized reinforcement learning paradigms, and autonomous model evolution, its business layout closely aligns with the trend of enterprise-level AI productivity transformation.

MINIMAX-W

00100.HK

A top-tier player in omni-modal AGI

The company has released DeepMiner, a multi-agent collaborative data analysis platform for commercial data analytics, and the open-source edge GUI (Graphical User Interface) model series, Mano. Deeply engaged in the enterprise service and data intelligence tracks, the company adopts a multi-agent architecture focusing on commercial data analysis. By utilizing structured factual data to mitigate AI hallucination risks, it provides decision-making agent pipelines for the marketing and mass consumption sectors. Additionally, it has launched AI Native hardware to expand the carriers for its agents.

MININGLAMP-W

02718.HK

LLM concept stock, dubbed the "First Agentic AI Stock in Hong Kong"

Relying on its self-developed edge models Mano, Cito, and Mano-P, along with the Cider inference framework, it fully supports its Agentic AI positioning. Its business architecture uses 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 "Scaling Up" parameter expansion of general models in favor of a "Scaling Out" approach that coordinates multiple specialized small models. Its core moats are granular scenario data, specialized models, and continuous learning, achieving precision in vertical scenarios that general models cannot match. The company is committed to building an open-source, privately deployable, and white-box auditable Private AI infrastructure.

BIDU-SW

09888.HK

China's leading AI search and intelligent cloud provider

Financial reports indicate that AI revenue now accounts for over half (52%) of its general business. Core products ERNIE Bot and the Qianfan LLM platform serve as critical entry points for enterprise-level model fine-tuning. The Apollo Go fully driverless robotaxi service completed millions of rides in a single quarter, with cumulative autonomous driving mileage exceeding 330 million kilometers. Its LLM capabilities are continuously penetrating the real economy and asset-heavy sectors like autonomous driving.