Stock Track | KNOWLEDGE ATLAS Soars 5.08% in Intraday Trading on Strong IPO Debut

Stock Track

01/08

KNOWLEDGE ATLAS (02513.HK) surged 5.08% during intraday trading on Thursday, marking a strong debut on the Hong Kong Stock Exchange. The artificial intelligence company opened at HK$120 per share, 3.3% above its offer price of HK$116.20, and continued to climb as trading progressed.

The stock's performance was driven by overwhelming investor demand, with its Hong Kong public offering oversubscribed by 1,159.46 times. The company raised HK$4.17 billion in net proceeds from the IPO, with cornerstone investors including JSC International Investment Fund and Perseverance Asset Management. The international offering was also 15.28 times oversubscribed, reflecting strong global interest.

KNOWLEDGE ATLAS, a leading Chinese AI firm, has demonstrated rapid revenue growth, with a compound annual growth rate exceeding 100% from 2022 to 2024. The company's focus on advanced Artificial General Intelligence (AGI) models and significant R&D investments have positioned it as a key player in the AI sector, attracting bullish sentiment from investors.

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The company's focus on advanced Artificial General Intelligence (AGI) models and significant R&D investments have positioned it as a key player in the AI sector, attracting bullish sentiment from investors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02513","symbol_name":"智谱","start_time":0,"source_url":"","article_id":"1133042591","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133042591","pubTimestamp":1767838473,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"KNOWLEDGE ATLAS (02513.HK) surged 5.08% during intraday trading on Thursday, marking a strong debut on the Hong Kong Stock Exchange. 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