7月24日，智谱盘中下跌4.18%，报1133.0港元，成交额1.37亿港元。
消息面上，智谱近期经历剧烈震荡，前期因大规模增发（314.1亿港元配售）引发的股权稀释压力持续发酵，叠加创始人宣布暂缓短期应用端商业化、集中资源推进AGI研发，短期盈利前景受到市场质疑。此外，摩根大通虽维持增持评级，但已将目标价下调至1600港元，反映出Kimi K3发布后行业竞争格局加剧的预期。板块层面，同属系统软件行业的MINIMAX-W同步下跌2.46%，AI大模型概念股整体承压。当前智谱股价仍处于自高点2980港元大幅回撤后的修复博弈阶段，筹码供需再平衡尚未完成。
（以上内容均基于市场公开消息，由程序或算法智能生成，仅作为股价异动提醒，不作为投资建议或交易依据。）
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