0711.HK News Today: Stay Updated with the Latest Asia Allied Infrastructure Holdings Limited News in Real Time
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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%
Open-weight AI just had its biggest week yet. On June 16, 2026, Z.ai, the Chinese AI startup previously known as Zhipu AI, unveiled GLM-5.2, a 753-billion-parameter open-weight model designed to handle complex coding and long-duration engineering workflows. GLM-5.2 outperforms GPT-5.5 on multiple coding benchmarks while costing roughly one-sixth as much to operate. The model is…
European Stocks Pause Near Record Highs After 3% Rally as Investors Await Fed Decision & Eurozone Inflation Data
European Stocks paused near record highs after a powerful 3 percent rally in recent sessions, as investors shifted into a cautious mode ahead of key global economic events. The market movement reflects a natural consolidation phase following strong gains, with traders waiting for fresh signals from the United States Federal Reserve and upcoming Eurozone inflation…
Samsung Sees Growing Chip Orders From BYD, Google, AMD and Tesla as Tight TSMC Capacity Fuels AI Demand
The global AI race is creating fresh opportunities for Samsung. As demand for advanced AI chips continues to outpace manufacturing capacity, more technology companies are exploring alternative foundry partners. Industry sources now indicate that Samsung is receiving increasing production requests from BYD, Google, AMD, and Tesla, highlighting a potential turning point for its contract chip…
Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion
Yum Brands has announced one of the biggest restaurant industry deals of 2026 by agreeing to sell Pizza Hut in transactions worth $2.7 billion. The move ends months of strategic review and allows the company to focus on its stronger brands, KFC and Taco Bell. The deal also gives Pizza Hut new owners with different…
German Medical Conference Scheduled for June 16, 2026
Munich medical conference on tumor treatment scheduled for June 16, 2026. Oncology Center hosts professional event for healthcare practitioners.
SpaceX Acquires Cursor for $60 Billion in All-Stock Deal, June 17
SpaceX to acquire AI coding platform Cursor for $60 billion in all-stock deal. Transaction expected to close in Q3 2026, pending regulatory approval.
Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.
Kingboard Surges 20.5% as $1.5 Billion Stake Sale Meets a Fifth Price Hike of 2026
Rarely does one stock get two reasons to rally at once. Kingboard just did. Kingboard Holdings stock surged 20.5% to reach HK$119.30 on June 17, 2026, after unveiling a large-scale stake monetization in its laminates subsidiary alongside a fresh round of product price increases. Kingboard’s shares ultimately closed up nearly 18% at HK$117.80, while sister…
GLM 5.2 Beats GPT-5.5 on Coding Benchmarks with 1M Context & 6× Lower Cost
GLM 5.2 just changed the open-source AI conversation on June 16, 2026. Z.ai’s GLM 5.2, a 753-billion-parameter open-weights model, beats OpenAI’s GPT-5.5 on multiple coding benchmarks while costing roughly one-sixth as much to operate. The model ships with a 1-million-token context window and a full MIT license, meaning developers can self-host it freely. GLM 5.2…