{"slug": "zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source", "title": "Zhipu AI’s stock rockets after Chinese firm makes GLM-5.2 open source", "summary": "Shares of Zhipu AI surged up to 48% on Monday after the Chinese firm announced it would open-source its latest large language model, GLM-5.2, later this week. The move aims to attract users seeking cheaper alternatives to rising prices from US rivals like Anthropic, with the new GLM Coding Plan priced at a tenth of Anthropic's premium tiers.", "body_md": "Advertisement\n\n# Zhipu AI’s stock rockets after Chinese firm makes GLM-5.2 open source\n\nMove underscores a trend of Chinese players seeking to capture users displaced by rising prices for top models from US rivals\n\n1-MIN READ1-MIN\n\nListen\n\n[Minxiao Chang](/author/minxiao-chang)in Shenzhen\n\nShares of Beijing-based\n\n[artificial intelligence](https://www.scmp.com/topics/artificial-intelligence?module=inline&pgtype=article)pioneer[Zhipu AI](https://www.scmp.com/topics/beijing-zhipu-huazhang-technology?module=inline&pgtype=article)soared on Monday after it unveiled plans to make GLM-5.2, its latest and most powerful large language model, available on an open-source basis later this week.The Hong Kong-listed stock surged as much as 48 per cent to HK$1,620 in morning trading, before retreating to HK$1,404 at the noon break.\n\nTrading as Knowledge Atlas Technology, the high-flying generative AI specialist has seen its\n\n[stock price rise](https://www.scmp.com/tech/big-tech/article/3356390/minimax-once-led-zhipu-hong-kongs-ai-stock-race-how-tables-have-turned?module=inline&pgtype=article)more than 780 per cent since its blockbuster[initial public offering](https://www.scmp.com/business/banking-finance/article/3356344/hong-kongs-hang-seng-tech-index-welcomes-minimax-zhipu-ai-milestone-amid-slump?module=inline&pgtype=article)in early January.Advertisement\n\nZhipu AI announced on Saturday the full release of GLM-5.2, featuring a massive 1-million-token context window.\n\nThe launch underscores a trend of Chinese players seeking to capture users displaced by higher-priced Western alternatives.\n\nAdvertisement\n\nUsers can access the model through the new GLM Coding Plan subscription, which is priced at just a tenth as much as Anthropic’s premium Claude Code and Claude Max tiers.\n\nAdvertisement\n\nSelect Voice\n\nSelect Speed\n\n1.00x", "url": "https://wpnews.pro/news/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source", "canonical_source": "https://www.scmp.com/tech/tech-trends/article/3357115/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-52-open-source?utm_source=rss_feed", "published_at": "2026-06-15 04:51:33+00:00", "updated_at": "2026-06-15 05:16:51.122909+00:00", "lang": "en", "topics": ["large-language-models", "generative-ai", "ai-startups", "ai-products", "ai-tools"], "entities": ["Zhipu AI", "Knowledge Atlas Technology", "GLM-5.2", "Anthropic", "Claude Code", "Claude Max"], "alternates": {"html": "https://wpnews.pro/news/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source", "markdown": "https://wpnews.pro/news/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source.md", "text": "https://wpnews.pro/news/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source.txt", "jsonld": "https://wpnews.pro/news/zhipu-ais-stock-rockets-after-chinese-firm-makes-glm-5-2-open-source.jsonld"}}