On July 13, 2026, Hong Kong large model concept stocks diverged in morning trading, with Zhipu (2513.HK), Mininglamp Technology (2718.HK), and Kuaishou (1024.HK) leading the gains. As of 09:48, Zhipu (2513.HK) was quoted at HK$1,833.000, achieving an intraday surge of 11.77% and leading the gains in the large model concept stock theme. In terms of news coverage, on July 11, Zhipu CEO Tang Jie proposed the "Peak-Reaching Program" strategy, which will challenge the current physical and algorithmic limits of technology. Over the next two years, the plan focuses investments on four core engines: long-range tasks, autonomous agent systems, complete self-training, and extreme safety governance. Kaiyuan Securities stated that domestic models continue to make breakthroughs in technical performance, practicality, and cost-effectiveness, which is expected to sustain the positive cycle of "large financing + model performance leaps + high growth in Token/ARR + surging valuations" among model developers and further increase the global market share of domestic models.