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Haiqing ZY AI Shares Jump on Stock Connect Inclusion, AI Model Recognition
Shares of Haiqing ZY AI Group Co Ltd. (01392.HK) surged in Hong Kong trading following a pair of positive announcements regarding the company's market access and technology.
The stock rally was driven by the company's inclusion in the Stock Connect program and a key government endorsement for its proprietary artificial intelligence model.
Stock Surges on Dual Catalysts
The artificial intelligence firm's stock climbed as much as 13.74% to HK$26.98 during morning trading, with a turnover of HK$19.36 million, according to market data. The gains were attributed to two significant developments that could enhance the company's investor base and business prospects.
Stock Connect Boosts Investor Access
Haiqing ZY AI announced on September 7 that its shares are now eligible for trading through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs. The inclusion, effective September 7, 2026, opens the company's stock to qualified mainland Chinese investors, potentially increasing its trading volume and liquidity.
AI Model Gains Government Endorsement
AdIn a separate development, the company's self-developed "Zhiyuan Origin Large Model" was selected for a proposed list of approved AI model service providers by the Shenzhen Municipal Bureau of Industry and Information Technology. This official recognition could accelerate the model's commercial adoption, as eligible enterprises in Shenzhen may receive government subsidies when purchasing its services, thereby lowering customer costs.
The move is expected to help Haiqing ZY AI expand its order book for industrial applications and speed up the commercialization of its vertical large-language models.
AI Services Fueling Growth
The endorsement highlights the growing importance of Haiqing ZY AI's large-language model (LLM) services, which the company identifies as its primary growth engine. According to a report from Zhitong Finance App, this segment has demonstrated explosive growth.
Key figures for the first half of 2026 include:
- LLM Service Revenue: RMB 320 million
- Year-over-Year Growth: 382.5%
- Contribution to Total Revenue: 78.8%
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