Zhipu market value falls to 300 billion HKD amid price war
According to Huxiu, Zhipu’s Hong Kong-listed stock slid amid a global price war in large-model AI pricing, with the stock trading around HK$610.5 intraday on September 25 and closing down 0.78%, pushing its market value to about HK$300 billion. The article notes the stock has shown extreme volatility since its January 8 IPO price of HK$116.2, peaking near HK$2,980 in June and dipping below HK$1,000 in July before recently falling again toward the 600s.
Key facts
- 01Stock traded around HK$610.5 intraday on September 25 and closed down 0.78%
- 02Market value around HK$300 billion
- 03IPO price was HK$116.2 and it hit HK$2,980 in June, later dipped below HK$1,000 in July
- 04Global pricing in AI models: DeepSeek launched V4.1 Flash with price cuts; Xiaomi MiMo-V2.6 pricing; Anthropic Claude Opus 5.5 pricing
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