Zhipu AI (智谱) Rocks Hong Kong Debut: Stock Surges 13%+ on Day One, Market Cap Breaks HK$570B, Leading China's Domestic LLM Commercialization Charge
On January 8, 2026, Zhipu AI (stock code: 02513.HK), hailed as the world's first pure-play AGI foundation model company, made a blockbuster debut on the Hong Kong Stock Exchange. Priced at HK$116.20 per share, the stock opened at HK$120, dipped briefly, then rallied to close up 13.17% at HK$131.50 — pushing market cap to HK$578.9 billion. Backed by massive oversubscription (Hong Kong tranche 1159x), star base investors, and blockbuster 2025 revenue exceeding US$100M, Zhipu solidifies its lead in China's independent LLM commercialization race, outpacing peers in API scale, developer ecosystem, and enterprise adoption.
Zhipu AI Makes History: World's First AGI Base Model Company Lists on HKEX as 02513.HK, Surging 13% on Debut
On January 8, 2026, Beijing Zhipu Huazhang Technology (Zhipu AI) officially debuted on the Hong Kong Stock Exchange under ticker 02513.HK — becoming the world's first publicly listed company with AGI base models as its core business. Priced at HK$116.20 per share, it opened at HK$120 and closed at HK$131.5, up 13.17%, pushing market cap to approximately HK$579 billion. The IPO raised HK$4.35 billion amid 1,159x oversubscription, marking a watershed moment for China's AI industry and igniting global capital frenzy around frontier large models.
Zhipu AI Open-Sources GLM-4.7: The New King of Open-Source Models Claims Global Coding Throne with SOTA Reasoning and Agentic Execution
On December 22, 2025, Zhipu AI unleashed GLM-4.7 — its latest flagship open-source model that storms to the top of global open-source leaderboards. Packing revolutionary "Preserved Thinking" for multi-turn consistency, interleaved reasoning modes, and massive leaps in coding + tool use, it hits open-source SOTA on LiveCodeBench (84.9%), τ²-Bench (87.4%), and HLE (42.8%) — outperforming Claude Sonnet 4.5 in key agentic tasks while crushing long-context stability. Fully open-weights on Hugging Face, GLM-4.7 accelerates enterprise deployment, scientific research, and content pipelines at a fraction of proprietary costs.
Zhipu AI Wraps Multimodal Open Source Week: Four Core Video Generation Technologies Fully Open-Sourced — Paving the Way for Next-Gen AI Filmmaking
On December 13, 2025, Zhipu AI concluded its "Multimodal Open Source Week" with a bang — open-sourcing four pivotal technologies powering advanced video generation: GLM-4.6V for visual understanding, AutoGLM for intelligent device control, GLM-ASR for high-fidelity speech recognition, and GLM-TTS for expressive speech synthesis. These modules, now freely available on GitHub and Hugging Face, enable end-to-end multimodal pipelines that fuse perception, reasoning, audio, and action — slashing barriers for developers building interactive video agents, embodied AI, and cinematic tools.
Zhipu AI Open-Sources GLM-TTS: Multi-Reward RL-Powered TTS That Clones Voices in 3 Seconds with Emotional Depth
Zhipu AI released and open-sourced GLM-TTS on December 11, 2025 — an industrial-grade text-to-speech system that clones any voice from just 3 seconds of audio, delivering natural prosody, emotional expressiveness, and precise pronunciation. Powered by a two-stage architecture and multi-reward reinforcement learning (GRPO framework), it hits open-source SOTA on character error rate (0.89%) and emotional fidelity using only 100K hours of training data. Weights are now available on GitHub and Hugging Face, with seamless integration into Zhipu's ecosystem for audiobooks, assistants, and dubbing.
Zhipu AI Open-Sources AutoGLM: The Phone Agent Framework That Turns Every Smartphone into a True AI Phone
On December 9, 2025, Zhipu AI (Z.ai) fully open-sourced AutoGLM — the groundbreaking open-source phone agent model and framework capable of autonomously operating Android devices via natural language commands. Powered by the AutoGLM-Phone-9B multimodal model, it interprets screenshots, plans multi-step actions, and executes taps, swipes, and inputs across 50+ popular Chinese apps like WeChat, Taobao, Douyin, and Meituan. Deployable locally or in the cloud via ADB, this release democratizes "AI phone" capabilities, challenging closed ecosystems and enabling developers to build privacy-focused agents on any device.
Rising Star: GLM-4.6 Ties for Global Lead on Code Arena, Signaling a New Era in Open-Source AI
China's open-source AI community has achieved a major milestone: Zhipu AI's latest model, GLM-4.6, has ascended to a global #1 rank (tied) on the highly competitive LiveCodeBench (LCB) leaderboard. This achievement, surpassing giants like DeepSeek and closely trailing GPT-4, demonstrates a dramatic leap in practical programming capabilities for models outside the U.S. tech sphere, reshaping the global landscape of code-generation AI.
