Top-performing Hong Kong-listed stocks this week | Liu Liu Mei surged more than threefold in its debut week, with a market capitalization exceeding HK$10 billion, and plans to further expand into overseas markets over the next three years; Zhipu AI rose n

This week,$Hang Seng Index (800000.HK)$down 3.21% cumulatively, closing at 23,924.81 points; during the same period,$Hang Seng TECH Index (800700.HK)$down 2.14% cumulatively, closing at 4,604.35 points;$Hang Seng China Enterprises Index (800100.HK)$down 4.76% cumulatively during the same period, closing at 7,976.04 points.

$LIULIUMEI (06658.HK)$surged by over 216% in its debut week, with a market capitalization exceeding HK$10 billion, and plans to further expand into overseas markets over the next three years

On June 15,$LIULIUMEI (06658.HK)$the company was officially listed on the Main Board of the Hong Kong Stock Exchange, offering approximately 11.46 million H-shares globally at an issue price of HK$43.58 per share, with board lots of 100 shares. Founded in 2001, the company has built a strong brand over time and specializes in plum-based fruit snacks, while also promoting plum culture by offering snack options made with natural ingredients.

According to Frost & Sullivan, the company ranked first in retail sales in China’s fruit snack industry in 2024, with a market share of 4.9%. Its core product, 'Meidong,' held a 45.7% market share. Beyond traditional dried plum snacks such as prune plums, snow plums, clear plums, and plum strips, the company has launched new categories like Meidong, spanning from conventional candied fruits to functional snacks. The prospectus indicates that over the next three years, Liuliumei plans to further expand into overseas markets and continue introducing functional snacks aligned with evolving preferences among younger consumers.

Market forecasts indicate that the size of China’s fruit snack industry (measured by retail sales) has grown at a compound annual growth rate (CAGR) of 8.3% over the past five years and is expected to maintain steady mid-to-high single-digit growth through 2029. The plum-based fruit snack segment is projected to achieve a CAGR of 13.0% from 2024 to 2029, while prune plums are forecast to grow at a CAGR of 14.9% during the same period.

$KNOWLEDGE ATLAS (02513.HK)$up nearly 91% for the week; GLM-5.2’s programming capabilities approach those of the leading international models, and consensus sales expectations have surged nearly 250% since the beginning of the year

On June 15,$KNOWLEDGE ATLAS (02513.HK)$Officially launched and open-sourced its new flagship large language model, GLM-5.2. On Code Arena—a front-end development evaluation platform featuring blind testing by over one million global users—the model ranks first among all available models worldwide. GLM-5.2 is specifically optimized for 'long-horizon tasks,' enabling AI to move beyond immediate question-answering and instead work continuously for hours like a human, autonomously completing entire large-scale engineering projects.

On the Artificial Analysis composite benchmark, GLM-5.2 scored 51 points, achieving state-of-the-art (SOTA) performance among open-source models. Reportedly, this is Zhipu AI’s most capable open-source model to date, transforming the 1M-token context window from a 'theoretical specification' into a 'production-ready' feature and further advancing long-horizon coding capabilities. Concurrent with the model’s release, Tang Jie, CEO of Zhipu AI, stated on X: 'At a time when access to cutting-edge models is being arbitrarily cut off, we are more convinced than ever of one thing: science must be global. The path to AGI must not be confined by high walls.'

China Merchants Securities noted that compared with domestic competitors, GLM large models possess a structural advantage in Agent engineering deployment capabilities. The company’s core product centered on coding, GLM Coding Plan, has seen cumulative price increases of 83% yet remains in short supply, underscoring its pricing power. Since the beginning of the year, Zhipu AI has raised prices for its GLM series models while maintaining sales volume, with market consensus sales expectations surging nearly 250% since early this year.

$SENASIC (06675.HK)$Surged nearly 82% in its first week of listing; CATL participated in three consecutive funding rounds. Institutions note sustained momentum in China’s domestic semiconductor supply chain.

$SENASIC (06675.HK)$Listed on the Hong Kong Stock Exchange on June 17 at an issue price of HK$18.36 per share, with board lots of 200 shares. The global offering comprised 53,407,000 shares, raising nearly HK$1 billion, and received 5,145 times subscription. Founded in 2015, the company specializes in wireless sensor SoCs, focusing on the research, design, and sales of high-performance automotive-grade chips. It secured three rounds of financing from Morningway Capital, CATL’s industrial investment platform, in 2020, 2022, and 2023, resulting in Morningway holding a 4.88% stake.

According to a Frost & Sullivan report, SENASIC is the world’s third-largest and China’s largest automotive wireless sensor SoC company by revenue in 2025. As of December 31, 2025, SENASIC had cumulatively shipped 241.9 million automotive sensor SoCs. Its products currently cover all of China’s top ten domestic automotive OEMs by sales volume and have been integrated into more than 40 vehicle models.

According to a prior report released by SEMI, global semiconductor equipment billings reached USD 36.55 billion in Q1 2026, up 14% year-over-year and 1% quarter-over-quarter. Record quarterly sales continue to validate investment driven by AI applications, highlighting sustained strength in the semiconductor supply chain. In its H2 2026 technology sector outlook, Bank of Communications International noted that the AI theme is likely to continue driving market performance in the second half of the year, upgrading its rating for A-share and H-share semiconductor manufacturing and diversified electronic components to overweight, citing accelerated domestic chip substitution as a key driver of medium- to long-term growth potential.

On the other hand, the stocks with weaker performance this week are as follows:

Editor/melody