Hong Kong's three major stock indexes saw their early-session losses widen, with each falling more than 1%.

Among the key Hang Seng Tech Index constituents, Alibaba, Xiaomi, Bilibili, Baidu, and NetEase all dropped over 2%, while KNOWLEDGE ATLAS bucked the downward trend with a gain exceeding 11%.

In related news, regulatory filings on the China Securities Regulatory Commission website show that Beijing KNOWLEDGE ATLAS Technology Co., Ltd.'s status for its STAR Market IPO guidance has been updated to "guidance acceptance," with Guotai Haitong Securities as the advising institution.

Furthermore, KNOWLEDGE ATLAS announced the launch and open-sourcing of its GLM-5.2 model.

According to the company, GLM-5.2 achieved the top performance among globally available models on the Code Arena front-end development evaluation system, which involved millions of users in blind testing.

Simultaneously, the online inference for GLM-5.2 is supported by multiple domestic computing platforms.