Chinese artificial intelligence stocks rallied Thursday as several companies unveiled upgraded models and top policymakers renewed calls for a broader adoption of the technology.
Hong Kong-listed Zhipu AI — that trades as Knowledge Atlas Technology — surged 30% after releasing its GLM-5, an open-source large-language model with enhanced coding capabilities and long-running agent tasks.
The company said the model approaches Anthropic’s Claude Opus 4.5 in coding benchmarks while surpassing Google’s Gemini 3 Pro on some tests. CNBC could not verify those claims.
MiniMax, which on Wednesday’s launched its M2.5 open-source model on its overseas website, saw shares in Hong Kong jump 11%. The company describes M2 as “a model built for Max coding & agentic workflows.”
The Shanghai STAR AI Industry Index climbed 1.7% before paring gains.
