On June 23, shares of Zhipu surged over 12% during intraday trading in Hong Kong, pushing the company's total market capitalization past the 1 trillion Hong Kong dollar mark. The sharp rise was accompanied by significantly higher trading volume, indicating strong capital inflow. Zhipu has become another trillion-dollar market cap company listed in Hong Kong, further solidifying its industry standing. While the specific catalyst remains undisclosed, the move has drawn widespread attention from investors, who remain optimistic about the company's prospects. Market participants will closely monitor subsequent price action.
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