HomeZhipu AI Shares Surge Over 42% in Hong Kong, Market Cap Tops HKD 323 Billion
The Hong Kong stock market kicked off its first trading day of the Lunar Year of the Horse with a generally subdued performance, yet the AI large model sector stood out with remarkable energy. Leading players Zhipu and MINIMAX both recorded substantial stock gains, capturing significant market attention.
Zhipu, a key player in the large model space, surged impressively during the session, closing 42.72% higher at 725 HKD. This pushed its total market capitalization above 323.2 billion HKD.
Notably, another major large model firm, MINIMAX, also delivered a strong performance the same day. Its share price climbed 12% to 957 HKD, lifting its market cap past the 300 billion HKD mark and making it another standout in the Hong Kong market alongside Zhipu.
Zhipu’s impressive rally was well-supported. On February 12, the company introduced its next-generation flagship model, GLM-5, which increased parameter scale from 355B to 744B, boosted programming performance by more than 20% compared to its predecessor, and delivered top results across three Agent evaluations in the open-source domain.
In addition, Zhipu raised the price of its programming packages by 30% or more. Following the release of the new packages, they sold out rapidly—marking the first sell-out of paid AI programming model packages in the domestic market and underscoring strong product acceptance.
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Comments (3)
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![WillieClark]()
智谱这波操作太猛了，港股开年就这么给力？42%的涨幅确实让人眼红，不过AI赛道现在卷得厉害，希望他们能稳住别飘，毕竟技术落地才是硬道理。
![BrianWalker]()
42% surge on the first trading day of the Year of the Horse? That's wild! 🐴🚀 Zhipu's market cap hitting HKD 323 billion feels like a statement: AI models are the new gold rush. But I can't help wondering—is this just another bubble waiting to pop, or does the tech actually justify the valuation? 🤔
![GregoryAdams]()
홍콩 AI 시장이 왜 이렇게 급격하게 성장하는지 정말 놀라워요. 제가 봐도 자율모델과 기술 혁신에 대한 투자자들의 관심이 정말 뜨겁다는 걸 확인할 수 있더라고요 ㅎㅎ 근데 급등장이라면서 한 단계 더 나아가야 할 텐데, 우리나라도 이런 분야에 투자를 더 많이 해야겠다는 생각이 들어요! 🤔🚀
The Hong Kong stock market kicked off its first trading day of the Lunar Year of the Horse with a generally subdued performance, yet the AI large model sector stood out with remarkable energy. Leading players Zhipu and MINIMAX both recorded substantial stock gains, capturing significant market attention.
Zhipu, a key player in the large model space, surged impressively during the session, closing 42.72% higher at 725 HKD. This pushed its total market capitalization above 323.2 billion HKD.
Notably, another major large model firm, MINIMAX, also delivered a strong performance the same day. Its share price climbed 12% to 957 HKD, lifting its market cap past the 300 billion HKD mark and making it another standout in the Hong Kong market alongside Zhipu.
Zhipu’s impressive rally was well-supported. On February 12, the company introduced its next-generation flagship model, GLM-5, which increased parameter scale from 355B to 744B, boosted programming performance by more than 20% compared to its predecessor, and delivered top results across three Agent evaluations in the open-source domain.
In addition, Zhipu raised the price of its programming packages by 30% or more. Following the release of the new packages, they sold out rapidly—marking the first sell-out of paid AI programming model packages in the domestic market and underscoring strong product acceptance.
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智谱这波操作太猛了，港股开年就这么给力？42%的涨幅确实让人眼红，不过AI赛道现在卷得厉害，希望他们能稳住别飘，毕竟技术落地才是硬道理。
42% surge on the first trading day of the Year of the Horse? That's wild! 🐴🚀 Zhipu's market cap hitting HKD 323 billion feels like a statement: AI models are the new gold rush. But I can't help wondering—is this just another bubble waiting to pop, or does the tech actually justify the valuation? 🤔
홍콩 AI 시장이 왜 이렇게 급격하게 성장하는지 정말 놀라워요. 제가 봐도 자율모델과 기술 혁신에 대한 투자자들의 관심이 정말 뜨겁다는 걸 확인할 수 있더라고요 ㅎㅎ 근데 급등장이라면서 한 단계 더 나아가야 할 텐데, 우리나라도 이런 분야에 투자를 더 많이 해야겠다는 생각이 들어요! 🤔🚀
