Sources: Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B (Dong Cao/Bloomberg)

Techmeme ·

Zhipu is weighing a multibillion-dollar Hong Kong share sale after a huge post-IPO surge valued it above $128 billion.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-06-24/zhipu-considers-multibillion-dollar-share-sale-in-hong-kong-after-2-000-gain"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260624/i2.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260624/p2#a260624p2" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dong Cao / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-06-24/zhipu-considers-multibillion-dollar-share-sale-in-hong-kong-after-2-000-gain">Sources: Zhipu is considering a multibillion-dollar Hong Kong share sale after its stock surged 2,000% since its January IPO, pushing its market cap above $128B</a></b></span>&nbsp; &mdash;&nbsp; Chinese artificial-intelligence model maker Zhipu is considering a share sale to raise several billion US dollars in Hong Kong &hellip; </p>