Zhipu fell 12.14% at the Hong Kong stock market open on July 17, according to market data from Bitget. Earlier market chatter said Zhipu’s annual recurring revenue, or ARR, had reached $1 billion as of July 2026. The company had not responded to the information at the time of the report. The move and the revenue figure were cited in a brief market update carried by BlockBeats. No further comment from the company was included, and the report did not provide additional detail beyond the market data and the earlier revenue claim.
Zhipu fell 12.14% at the Hong Kong stock market open on July 17, according to Bitget market data.
Earlier market chatter said Zhipu’s annual recurring revenue, or ARR, had reached $1 billion as of July 2026. Zhipu had not responded to the information, according to the report.
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