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Zhipu Shares Jump After Lockup Expiry as Investors Signal Support
The Chinese AI startup defied expectations of selling pressure after cornerstone investors representing nearly two-thirds of IPO cornerstone funding pledged to keep their stakes
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scmp.com
Zhipu AI, MiniMax shares to test Hong Kong market as lock-ups end
Shares worth US$11.5 billion to hit market as record wave of lock-up expirations starts and some firms eye share placements.
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cryptobriefing.com
Zhipu AI seeks $4B from share sale after 1,500% stock surge since January IPO
Zhipu AI plans a $4 billion secondary share sale in Hong Kong after its stock surged 1,500% since its January 2026 IPO that raised $560 million.
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caixinglobal.com
Zhipu Shares Jump After Lockup Expiry as Investors Signal Support
The Chinese AI startup defied expectations of selling pressure after cornerstone investors representing nearly two-thirds of IPO cornerstone funding pledged to keep their stakes
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Zhipu AI and Iluvatar CoreX soar after launching Hong Kong share sales
GLM-5.2 model developer Zhipu AI is seeking to raise HK$31.4 billion, while chipmaker Iluvatar CoreX is targeting HK$7.1 billion.
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Hong Kong small-cap IPOs struggle as market chases megadeals like Zhipu AI
Smaller firms face a liquidity squeeze amid AI-related stock profit-taking, which drags down IPO market sentiment.