Changes in Hong Kong stocks | Zhi Spectrum (02513) rose more than 12% in the afternoon. Institutions are optimistic about the ability iteration and ARR growth of its GLM series model

The Zhitong Finance App learned that Zhi Spectrum (02513) rose more than 12% in the afternoon. As of press release, it had risen 9.41% to HK$744, with a turnover of HK$10.564 billion.

According to the news, by the end of August this year, Zhipu's ARR reached 1.6 billion US dollars based on annualized monthly revenue, an increase of 60% over the 1 billion US dollars in early July; according to the weekly scale, it has already exceeded 2 billion US dollars, and the ARR target set by management for the end of 2026 is 2.4 billion US dollars. Guosheng Securities pointed out that it continues to be optimistic about the ability iteration of the Zhi Spectrum GLM series model and the growth of ARR.

Wu Hequan, an Academician of the Chinese Academy of Engineering, pointed out at the China Computing Power Conference that the popularity of smart devices is directly driving a surge in token (token) consumption, and that the scale of token consumption is directly proportional to computing power consumption. According to the forecast of the China Telecom Research Institute, in 2026, China's annual consumption of vocabulary will reach 1 billion billion yuan, and by 2030 it will exceed 350 billion yuan, with a compound annual growth rate of nearly 12 times.