TechMeme June 24, 2026
Sources: Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B (Dong Cao/Bloomberg)
Zhipu, a Chinese artificial-intelligence model maker, is considering a multibillion-dollar share sale in Hong Kong. Its stock has surged 2,000% since its January IPO. Zhipu's market cap now exceeds $128 billion.