Zhipu (stock code: XXXX), a Hong Kong-listed artificial intelligence company, surged over 12% in intraday trading on Wednesday, lifting its total market capitalization above the HK$1 trillion mark for the first time.
The company, known for its large language models (LLMs) and AI-driven solutions, has become one of the few AI firms to reach a trillion-HK-dollar valuation. The price jump reflects strong investor confidence in the AI sector and Zhipu's growth prospects. As of writing, the stock traded at around XX HKD, maintaining its position above the trillion-dollar threshold.
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