cd /news/artificial-intelligence/zhipu-ai-market-cap-tops-hk-1-trilli… · home topics artificial-intelligence article
[ARTICLE · art-36068] src=scmp.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↑ positive

Zhipu AI market cap tops HK$1 trillion as shares of GLM-5.2 developer soar

Zhipu AI's market capitalization surpassed HK$1 trillion on Monday after shares surged up to 42%, driven by the release of its open-source GLM-5.2 model, which ranks second globally on the Code Arena list for front-end web development tasks, trailing only Anthropic's Claude Fable 5.

read1 min views1 publishedJun 22, 2026
Zhipu AI market cap tops HK$1 trillion as shares of GLM-5.2 developer soar
Image: Scmp (auto-discovered)

Advertisement

New model ranks second globally on Code Arena list for front-end web development tasks, trailing only Anthropic flagship Claude Fable 5

1-MIN READ1-MIN

Listen

The market capitalisation of Hong Kong-listed

artificial intelligencepioneerZhipu AIsurpassed HK$1 trillion (US$128 billion) on Monday, fuelled by investor optimism as the company goes head-to-head with its American rivals.Shares of Zhipu, which trades under the name Knowledge Atlas Technology, skyrocketed as much as 42 per cent on Monday morning to a peak of HK$2,980.

The surge follows the release of Zhipu’s open-source

GLM-5.2 model last week. Featuring a massive 1-million-token context window, the new model ranked second globally as of Monday on the Code Arena list for front-end web development tasks, trailing only Anthropic’s flagship Claude Fable 5.Advertisement

In a recent exchange on social-media platform X, tech billionaire Elon Musk estimated that a Chinese AI model capable of matching Claude Fable 5 would likely arrive in the first quarter of next year. Zhipu founder Tang Jie responded that it “won’t take that long”.

More to follow...

Advertisement

Advertisement

Select Voice

Select Speed

1.00x

── more in #artificial-intelligence 4 stories · sorted by recency
── more on @zhipu ai 3 stories trending now
sponsored brought to you by zahid.host 4,200+ EU-deployed projects
reading about agents? ship yours in a single git push.

Run your AI side-project on zahid.host

EU-based hosting, git-push deploys, automatic HTTPS, no cold starts. Free tier with a custom domain — perfect for shipping the agent you just read about.

$git push zahid main
Live at https://your-agent.zahid.host
Get free account → Pricing
from €0/mo · no card required
LIVE [news/zhipu-ai-market-cap-…] indexed:0 read:1min 2026-06-22 ·