Liuliumei surges over 186% on its debut day, triggering AI concept hype due to its stock abbreviation LLM

According to Gate data, Liuliumei (06658.HK, abbreviated as LLM), known as the "first stock of green plum snacks," officially listed on the main board of the Hong Kong Stock Exchange today. As its stock abbreviation LLM matches the acronym for Large Language Model, it has sparked market hype and playful speculation around "AI concept stocks."

Public data shows that Liuliumei's IPO price was set at 43.58 HKD per share. On its debut day, it opened at around 95 HKD, up approximately 118% from the offering price. During the trading session, gains continued to widen, with the stock price briefly reaching 124.9 HKD, representing a rise of 186.6% from the IPO price.