On June 22, Zhipu (02513.HK) rose 3.34% in regular trading, trading at HKD 2,328.0/share, with turnover of HKD 849 million.

On the news front, Guolian Minsheng Securities published a research note on June 21 maintaining a Recommend rating on Zhipu, projecting revenue of RMB 2.9 billion, 7.5 billion, and 20.6 billion for 2026-2028, corresponding to PS valuations of 220x, 85x, and 31x respectively. The broker expressed confidence in the company's commercialization trajectory. Additionally, the continued market fermentation of GLM-5.2, which scored 51 on the Artificial Analysis composite leaderboard ranking among global top three, and the core product GLM Coding Plan sustaining demand despite an 83% cumulative price increase, further validated the company's scarce pricing power.

Zhipu is a Beijing-based AI company focused on developing general-purpose large language models, offering both localized deployment and cloud-based model services across sectors including technology, finance, manufacturing, and healthcare.

(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.)