8 January 2026

Chinese AI company Zhipu opened up 3.3% in its Hong Kong trading debut after raising ~$558M in its IPO at a valuation of about $6.55B (Yantoultra Ngui/Reuters)

Yantoultra Ngui / Reuters:
Chinese AI company Zhipu opened up 3.3% in its Hong Kong trading debut after raising ~$558M in its IPO at a valuation of about $6.55B  —  Three Chinese technology firms debuted higher on Thursday after raising a combined $1.19 billion, bolstering Beijing's quest to compete with the U.S …

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