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<Research> Macquarie: KNOWLEDGE ATLAS (02513.HK) Launch of GLM-5.2 Positive, Enhances Pricing Power
Recommend 23 Positive 22 Negative 18 |
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Macquarie issued a research report stating that KNOWLEDGE ATLAS (02513.HK) has launched the GLM-5.2 model and has taken the lead in rolling it out to all GLM Coding Plan subscribers (Lite / Pro / Max / Team). The model is positioned as the company’s most powerful open-source model to date, with a focus on long-horizon code generation, agent engineering, and complex system tasks. Independent API access and pricing, as well as MIT-licensed open-source weights, are scheduled for release next week. Although benchmark data were not disclosed at the initial launch stage, early community feedback from social media and developer forums has been highly positive, indicating that GLM-5.2’s performance in coding and long-horizon agent tasks is comparable to Claude Opus 4.7. Macquarie believes the launch of GLM-5.2 will have a positive impact and may strengthen the company’s pricing power in subsequent subscription plans, which should continue to drive strong momentum in annual recurring revenue growth. The broker maintained its Outperform rating on KNOWLEDGE ATLAS, with a 12-month target price unchanged at HKD1,221.4. (ad/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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