Significant gains were observed among top artificial intelligence model developers in Hong Kong trading. At the time of writing, KNOWLEDGE ATLAS (02513) advanced 9.82% to HK$615, while MINIMAX-WP (00100) climbed 7.73% to HK$905.5. The rally follows recent OpenRouter weekly data indicating that the top ten models on the platform processed approximately 8.7 trillion tokens, with Chinese models accounting for 5.3 trillion tokens, or 61% of the total. MiniMax M2.5 led with 2.45 trillion tokens, followed by Kimi K2.5 at 1.21 trillion. KNOWLEDGE ATLAS GLM 5 and DeepSeek V3.2 ranked third and fifth, respectively. Analysts from Guolian Minsheng Securities maintain that the AI industry trend remains intact this year, with accelerated transition from technological research to large-scale commercial implementation. Long-term prospects appear robust as ongoing iterations in reasoning and multimodal large models, integration within major tech ecosystems, and increasing adoption across various sectors are expected to sustain rapid growth in token usage, paving the way for expansive commercial applications and industrial deployment of large models.