Liuliu Plum’s abbreviation LLM sparks AI concept hype, surging 186.6% on its first day of listing/going public

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Mars Finance News, June 15th, according to market data, "Qingmei Snack's First Stock" Liuliu Mei (06658.HK, also known as LLM) 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 (LLM), it sparked market jokes and hype around "AI concept stocks." Liuliu Mei's issue price was 43.58 HKD per share, opening today at about 95 HKD, roughly a 118% premium over the issue price. It continued to rise during the trading session, with the current stock price at 124.9 HKD, a 186.6% increase.
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