On June 12, MININGLAMP TECH-W (02718.HK) surged 31.16% in regular trading, trading at HK$266.0/share, with turnover of HK$686 million. The stock has accumulated over 40% gains in two consecutive trading days.

Multiple catalysts are driving the rally. On the policy front, the Ministry of Industry and Information Technology issued the AI + Information and Communications Innovation Development Implementation Plan (2026-2028), emphasizing development of on-device AI terminals including smartphones, PCs, and wearable devices. On the business front, the company signed a strategic cooperation memorandum with the Education University of Hong Kong to co-build an AI+Education research center, and recently launched its first AI-native hardware product Octic, completing its model-platform-hardware Agentic AI product matrix.

Dubbed the first Agentic AI stock on the Hong Kong exchange, the company has built a three-tier architecture comprising Mano-P (on-device GUI-VLA agent model), Cider (inference acceleration framework), and Octo (open-source Agent collaboration platform). Tianfeng Securities noted that the market may be underestimating the company's breakout potential in Agentic AI, citing its 19 years of accumulated multimodal data assets and over 2,400 technology patents.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)