Plum Blossom Candy, abbreviated as LLM, Triggers AI Concept Hype, Soars 186.6% on First Day of Trading

BlockBeats News, June 15th, according to Bitget market data, the "Plum Snack First Stock" Liuliumei (06658.HK, referred to as LLM) was officially listed on the main board of the Hong Kong Stock Exchange today. Due to its abbreviation LLM being the same as Large Language Model, it has triggered market jokes and speculation on "AI concept stocks".

Liuliumei had an issue price of 43.58 Hong Kong dollars per share. The stock opened today at about 95 Hong Kong dollars, opened high by about 118% compared to the issue price. It continued to rise during the trading day, with the current stock price at 124.9 Hong Kong dollars, an increase of 186.6%.