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AI application sector becomes active again, Kunlun Wanwei rises nearly 15%

2026-07-02 06:56:19

Mars Finance reports that this afternoon, AI application stocks became active again, with Kunlun Tech surging nearly 15%. Previously, Fushih Holdings had rebounded to the limit-up, while Yidian Tianxia, BlueFocus, Chinese Online, IReader Technology, Inspring Group, Wondershare Technology, and others all saw gains. On the news front, Kunlun Tech announced on July 2 that its TianGong AI achieved a historic breakthrough in the second quarter of 2026: the annualized recurring revenue (ARR) of its AI Native model and product business had exceeded the $800 million mark. Among them, the ARR of the AI short drama platform business surpassed $700 million, while the ARR of the AI tool business exceeded $100 million. (Cailianshe)

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