According to ChainCatcher, Hong Kong-listed Zhipu (02513.HK) surged during trading today, rising over 45% at one point to a high of HK$1620.00. The gains have since narrowed to around 28%, trading at HK$1404.00. In response to the unusual share price movement, Zhipu issued a statement saying that the company is unaware of any inside information requiring disclosure.
In a news-driven context, amidst the global ban on the most powerful models from overseas competitors due to government regulations, Zhipu announced the launch of its latest flagship model, GLM-5.2. This model supports long contexts of up to 1MB and will be fully open-sourced next week under the MIT license. Zhipu stated that this move aims to attract global developers with an open strategy, and the release of this model is expected to effectively boost the company's subsequent open platform and API business call volume.
