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Zhipu AI Market Cap Tops HK$1 Trillion as Shares Soar 42%

Zhipu AI, listed on the Hong Kong Stock Exchange as Knowledge Atlas Technology, became the first Chinese AI company to go public in January 2026. (Image: Zhipu AI)

Zhipu AI, one of China’s six ‘AI Tiger’ companies, saw its total market capitalisation cross HK$1 trillion (US$128 billion) on Monday as its Hong Kong-listed shares soared as much as 42%, days after the open-source release of its GLM-5.2 model.