51WORLD Soars Nearly 8% in Afternoon Trading, Hitting New All-Time High

Deep News01-22

51WORLD (06651) surged nearly 8% in the afternoon session, reaching a high of HKD 80.45 and once again setting a new record high. The stock has now soared over 160% from its IPO price of HKD 30.5. As of this writing, the share price was up 7.60% at HKD 79.95, with a turnover of HKD 48.97813 million.

On January 21, NVIDIA's founder and CEO Jensen Huang delivered a speech at the World Economic Forum's annual meeting. He introduced an AI "five-layer cake" theory, which from bottom to top includes: energy, chips and computing infrastructure, cloud data centers, AI models, and the top application layer. Notably, in his keynote speech at CES 2024 earlier this month, Huang explicitly stated that the "ChatGPT moment for physical AI has arrived, as machines are beginning to possess the ability to understand the real world, reason, and take action."

Public information indicates that 51WORLD has long invested heavily and developed core competencies around three major technological fields: 3D graphics, simulation, and artificial intelligence. The company has launched three core businesses: 51Aes (a digital twin platform), 51Sim (an intelligent driving simulation platform), and 51Earth (a digital Earth platform). Its products have been widely adopted by over a thousand large and medium-sized enterprises globally, with business operations spanning 19 countries and regions.

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