On June 15, Zhipu (02513.HK) surged 41.84% in regular trading, trading at HK$1,473.0/share, with turnover of HK$2.085 billion.

The rally was primarily driven by a confluence of catalysts. On June 13, Anthropic was forced to suspend global access to its flagship Claude Fable 5 and Mythos 5 models following a US government export control directive. Zhipu swiftly responded by announcing the full availability of its latest flagship open-source model GLM-5.2 to all GLM Coding Plan subscribers, with the API launching this week and full open-source release under MIT license. The company stated that frontier intelligence should not belong to a few or be revoked by a few rules.

GLM-5.2 supports one-million-token context and has received strong community feedback for coding capabilities, with developers rating it comparable to top global closed-source models. Additionally, CICC noted that GLM-5.2 opening and open-sourcing could strengthen the domestic model and chip synergy trend. CMB International also recently initiated coverage with a Buy rating, citing Zhipu as a leading independent large model company.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)