三只新股首日上市均高开，天数智芯高开31.54%，精锋医疗-B高开36.45%，智谱高开3.27%。 | < W | 天数智芯(9903) | | | | | --- | --- | --- | --- | --- | | | 集合竞价 01-08 09:20:08 | | | | | 190.200 | 额 4.14亿 股本 2.54亿 市盈 -40.2 | | 万得 | | | +45.600 +31.54% | 换 0.90% 市值1483亿 市净 17.53 | | 型口 | | | 分时 五日 | 日K | 周K 月K | 电子 | | | 置加 | | 均价:187.905 盘口 | 成交 | | | 200.000 | | 38.31% - | | 0.00(0) | | | | 卖9 191.800 | | 0.00(0) | | | | 卖8 191.700 | | 0.00(0) | | | | 卖7 191.600 | | 0.00(0) | | | | 卖6 191.500 | | 0.00(0) | | | | 卖5 191.400 | | 0.00(0) | | 144.600 | ...

智通财经APP获悉，智谱(02513)首挂上市，公告显示，每股定价116.2港元，共发行3741.95万股股份， 每手100股，所得款项净额约41.73亿港元。截至发稿，涨3.27%，报120港元，成交额8.13亿港元。 公开资料显示，智谱是中国领先的人工智能公司，致力于开发先进的通用大模型。2019年，公司秉承著 在中国追求通用人工智能(AGI)创新的大胆理念而创立。公司于全方位的人工智能研究中扎实交付先进 技术，并稳步扩大其商业应用，以实现收入的快速增长。2021年，公司发布了中国首个专有预训练大模 型框架GLM框架，并推出了公司的模型即服务(MaaS)产品开发及商业化平台，透过该平台提供公司的 大模型服务。 于2022年，公司开源首个1,000亿规模的模型(GLM-130B)。根据弗若斯特沙利文的资料，按2024年的收 入计，公司在中国独立通用大模型开发商中位列第一，在所有通用大模型开发商中位列第二。 ...

盘面上，有色金属、券商板块跌幅靠前，商业航天概念股回调。 09:31 创业板指跌超1%，沪指跌0.27%，深成指跌0.72%，券商、保险、零售、CPO等板块跌幅居前，市场下跌个股超3000只。 09:29 脑机接口概念继续活跃，普利特、创新医疗均4连板，爱朋医疗、南京熊猫、岩山科技、北陆药业等多股高开。 09:28 电子气体概念大幅高开，三孚股份、和远气体封涨停，金宏气体、华特气体、硅烷科技、雅克科技涨幅靠前。 09:25 A股开盘丨指数集体低开 沪指低开0.20%，深成指低开0.42%，创业板指低开0.63%，科创综指低开0.21%。 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | | 000001 | 上证指数 | NºV | 4077.72 | -8.06 | -0.20% | | 399001 | 深证成指 | Am V | 13971.89 | -58.67 | -0.42% | | 399006 | 创业板指 | ์ | 3308.74 | -20.95 | -0.63% | | 000680 | 科创 ...

Core Viewpoint - The article highlights the successful IPO of Zhiyu, referred to as the "first stock of global large models," marking a significant milestone for Chinese AGI companies in the international capital market [1][36]. Group 1: IPO Details - Zhiyu officially listed on the Hong Kong Stock Exchange with the stock code 2513, opening at 120 HKD per share and achieving a market capitalization of over 52.8 billion HKD [2][3]. - The IPO raised over 4.3 billion HKD, with a subscription rate of 1159.46 times for the public offering and 15.28 times for the international offering [5][6]. - The company attracted a star-studded lineup of cornerstone investors, including major state-owned enterprises and international institutions, securing 29.8 billion HKD in subscriptions [10]. Group 2: Technological Strength - Zhiyu's flagship model, GLM-4.7, has achieved top rankings in various global AI benchmarks, showcasing its competitive edge against international models [15][18]. - The GLM architecture is compatible with over 40 domestic chipsets, and its AutoGLM 2.0 can control 80 million devices, with a daily token usage of 4.6 trillion [18][21]. - The company has established partnerships with over 50 international platforms, integrating its GLM model as a core capability [19][20]. Group 3: Financial Performance - Zhiyu's revenue has shown impressive growth, with a compound annual growth rate of 130%, increasing from 57.4 million HKD in 2022 to 312.4 million HKD in 2024, and a 325% year-on-year increase in the first half of 2025 [22][28]. - The company has adopted a MaaS model, with over 2.7 million enterprises and developers using its platform, and its subscription product has surpassed 100 million HKD in annual recurring revenue [25][27]. Group 4: Investment in R&D - Zhiyu has invested over 4.4 billion HKD in R&D from 2022 to the first half of 2025, with 74% of its employees dedicated to research and development [30][29]. - The company plans to allocate 70% of its IPO proceeds to continue R&D efforts, aiming to strengthen its technological barriers [33]. Group 5: Industry Impact - The listing of Zhiyu signifies a pivotal moment for Chinese AGI companies, representing their entry into the global pricing system as a complete commercial entity [36][37]. - This event marks a transition for Chinese large models from "following technology" to "global competition," indicating a new phase in the industry [37].

每经AI快讯，1月8日，恒生指数开盘跌0.59%，恒生科技指数跌0.44%。国产大模型公司智谱上市首日 开盘涨超3%。 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 美股周三个别发展，美国私人机构职位增长逊预期，大市破顶后反复倒跌，三大指数收市升跌不一。美 元走势向好，美国十年期债息回落至4.15厘水平，金价表现受压，油价走势向下。 客户端 美股周三个别发展，美国私人机构职位增长逊预期，大市破顶后反复倒跌，三大指数收市升跌不一。美 元走势向好，美国十年期债息回落至4.15厘水平，金价表现受压，油价走势向下。 今日港股三大指数集体低开，恒指开盘跌0.59%，报26302.78点，恒科指跌0.44%，国企指数跌0.43%。 盘面上，科网股普跌，百度、阿里巴巴跌超1%；创新药概念延续涨势，先声药业涨超1%；锂电池股活 跃，宁德时代涨近1%；石油股走弱，上海石油化工跌超1%；今日3只新股上市，智谱涨超3%，天数智 芯涨超31%，精锋医疗-B涨超36%。 | 名称 | 最新价 | 涨跌幅 へ | | --- | --- | --- | | 恒生指数 | 26302.78 | -0.59% | | 800000 | | | | 恒生科技指数 | 5713.53 | -0.44% | | 800700 | | | | 国企指数 ...

人民财讯1月8日电，1月8日，记者获悉，智谱2025年收入超1亿美元。当前智谱本地部署收入占比 85%，云端占比在过去两年从0提升到15%，预计今年云端收入占比将持续提升，高性价比代码工具将 对智谱云端收入产生更大影响。 ...

一图看懂智谱(02513.HK)IPO 〔三〕 发行股份 37.4195百万股 賞 1月8日 发售价 116.20港元/股 智谱是一家中国领先的人工智能公司,致力于 开发先进的通用大模型。2019年，智谱秉承在中国 追求通用人工智能（AGI）创新的大胆理念而创立。 公司在全方位的人工智能研究中扎实交付先进技术, 并稳步扩大其商业应用,以实现收入的快速增长。 自成立以来，陆续推出中国首个开源千亿模型、首 个对话模型、首个多模态模型、全球首个设备操控 智能体等。持续探索AGI的技术边界与实践应用， 历次发布旨在推动突破性的技术革新。 > 商业模式: MaaS平台 :::::: 百家 F � 科技 le 百胖网 可拓展的 应用 道 C ြီး 展7 專信 OPEN F 灵活的自定义模型部署 MaaS 环路 V 安全和可及 语言模型 全面的模型 多模态模型 I l MaaS 组合 l 代码模型 智能体模型 l l 便捷的基础 El tempe The 真力资源兼容惜 标准的API接 直力支票 市场前景 D :::: l以收入计,中国大语言模型市场规模 (单位:十亿元人民币) ■ 企业级 ■ 消费者 2022-2024 ...

Core Viewpoint - The company Zhiyu has successfully launched on the Hong Kong stock market, becoming the "first global AI large model stock," with an IPO price of HKD 116.2 per share, resulting in a market capitalization exceeding HKD 51.1 billion, leading to significant paper gains for state-owned investors [1] Group 1: Company Background and Investment History - Zhiyu AI was established in June 2019, originating from Tsinghua University's Knowledge Engineering Laboratory, and has raised over CNY 8.3 billion, with more than 90% of the funding occurring after the release of Chat GPT [1] - The founding team, led by Liu Debing, consists mainly of Tsinghua alumni or individuals associated with Tsinghua-related laboratories [1] - Initial funding came from Zhongke Chuangxing, which invested CNY 40 million in 2019, valuing the company at CNY 375 million post-investment [2] Group 2: Strategic Positioning and Product Development - In May 2020, following the release of GPT-3, Zhiyu decided to enter the large model sector, leveraging the founder's connections to top research resources [2] - The company participated in the development of China's first large model "Wudao," which positioned it favorably in the market [2] - By September 2021, Zhiyu launched the GLM-10B model, attracting significant attention and further investment [6] Group 3: Financing Rounds and Valuation Growth - The company has undergone multiple financing rounds, with significant investments from various institutions, including a total of CNY 1.21 billion from Dachen Capital across several rounds [6] - The valuation surged from CNY 2.11 billion in the B1 round to CNY 24.38 billion before the IPO, with a total of CNY 8.36 billion raised, primarily in 2023-2025 [8] - Major investments in recent rounds included CNY 30 million from Tianjin San Kuai and CNY 20 million from Tencent, among others [10] Group 4: Market Position and Future Challenges - Following the release of Chat GPT, Zhiyu launched several products, including Zhiyu Qingyan and the GLM-4 model, leading to a surge in financing and valuation [8] - The company faces challenges with rising computing service costs, projected to reach CNY 1.55 billion in 2024, while revenue is expected to be only CNY 312 million, raising concerns about cash flow sustainability [11] - Zhiyu's long-term strategy includes providing localized AI solutions to government and large enterprise clients, with over 80% of revenue expected to come from this sector by mid-2025 [12]

1月8日，智谱身披"全球AI大模型第一股"光环登陆港股市场，发行价达到116.2港元/股，对应市值超511亿港元。这意味着最后一轮入局的北京、珠海、成 都、杭州等地国资机构，已实现约89%的账面浮盈。 成立仅6年，智谱累计融资超83亿元，其中超九成融资发生在Chat GPT发布后。那么在风口之前，究竟谁在投资智谱？底层逻辑又是什么？ 此次决定让智谱在Chat GPT发布前完成3轮融资。前两轮均发生于2021年4月——天使轮中，智源研究院通过全资子公司北京创新智源科技有限公司，以 价值2037万元的知识产权完成注资，不难猜测，这个知识产权正是智谱大模型技术的核心底座。A轮的参与者则包括达晨财智、华控基金、将门创投等机 构，合计为智谱注入了1.52亿元的早期发展资金，投后估值8.5亿元。 | 轮次 | 协议日期 | 投资机构 | 投资金额(万元) | 投后估值(亿元) | | --- | --- | --- | --- | --- | | 天使轮 | 2021年4月 | 创新智源 | 2037 | 4.1 | | Ａ轮 | 2021年4月 | 通智投资 | 4700 | 8.5 | | | | 达晨创鸿 | 37 ...