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2026-JUL-10 · Goldman Sachs Research · Goldman Sachs Research — Asia (Keung, Sheridan, Chang, Kong, Zhao + team) · Neutralmention · read ↗ · source page ↗78.50 HKD

In short: Case study: its LongCat 2.0 (Jun 30) is China's first 1.6-trillion-parameter open-source MoE model trained and deployed entirely on a 50,000-card domestic compute cluster (reportedly Huawei Atlas-950 SuperPods) — GS calls it a milestone proving Chinese silicon can handle frontier-class training, not just inference, driving a more self-sufficient China AI outlook.

Full passage: premium transcript (PDF).

SOD 78.50 HKD

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