Changes in Hong Kong stocks | Smart Spectrum (02513) Intraday, AI model competition shifts to comprehensive competition, institutions are optimistic about the company's commercial explosion potential

The Zhitong Finance App learned that Smart Spectrum (02513) rose more than 9% in the intraday period. As of press release, it had risen 6.72% to HK$1,111, with a turnover of HK$3,514 billion.

According to the news, DeepSeek predicted a price increase this morning. It plans to increase the overall pricing of the API service in the near future, and is expected to increase significantly. According to a recent Goldman Sachs research report, as demand grows and commercialization accelerates, the total annualized recurring revenue (ARR) of the Chinese AI model is expected to reach 13 billion US dollars by the end of 2026, higher than the previous forecast of 10 billion US dollars. Among them, the Smart Spectrum API business ARR is expected to rise to 2.5 billion US dollars. The bank believes that the Chinese model competition is shifting from simply low prices to a comprehensive competition of performance, price, and commercialization capabilities.

Furthermore, there are recent media reports that the GLM-5.3, the next generation model of Zhi Spectrum, was suspected to have been revealed ahead of time, igniting user expectations. In June of this year, Zhi Spectrum launched its latest flagship model, GLM-5.2, which scored 51 points on the Artificial Analysis comprehensive list, second only to Anthropic and OpenAI, and is the open source model SOTA. SDIC Securities International previously stated that it is optimistic that the GLM model will lead the Chinese model to increase competitiveness and market share in the global big model competition, and commercialization may have exponential potential.