Business & MarketModels 🇨🇳 31.07.2026 15:04

Kimi K3 open source launch causes stir: China's AI large models lead the world in weekly calls, Xiaomi surges over 8%, Tencent up over 4%

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The Chinese AI large model weekly call volume leads the world, and the open-source launch of Kimi K3 has been hugely popular, causing related stocks to rise, with Xiaomi up over 8%, Tencent up over 4%, and the Hang Seng Connect Internet ETF (159280) up over 5%.
The headline reports that the weekly call volume of Chinese AI large models leads the world. The open-source release of Kimi K3 has been a huge hit immediately upon its launch, driving gains in related stocks. Specifically, Xiaomi surged more than 8%, Tencent rose over 4%, and the Hang Seng Connect Internet ETF (159280) gained over 5%. The source is Jiemian.com via Moonshot Kimi (GNews) in Chinese.
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ETF = Exchange-Traded Fund — биржевой инвестиционный фонд
Source: Moonshot Kimi (GNews) — original
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