Core Insights - The company Zhipu officially listed on the Hong Kong Stock Exchange, opening at HKD 120 per share, with a market capitalization exceeding HKD 52.8 billion [1][2] Company Overview - Zhipu was established in 2019, originating from technology transfer from Tsinghua University, focusing on the research and development of Artificial General Intelligence (AGI) [1][2] - The company maintains a high level of research and development investment, enabling rapid technological iterations, with its self-developed GLM series models undergoing foundational updates every 2-3 months to remain globally competitive [1][2] Product Performance - By December 2025, Zhipu's next-generation foundational model GLM-4.7 achieved top rankings in both the Artificial Analysis comprehensive capability list and the authoritative coding list Code Arena, leading in both open-source and domestic model categories [1][2] - The GLM-4.7 model demonstrated excellent performance in coding and agent realism, with 150,000 developers from 184 countries subscribing to its programming products within two months of release [1][2] - Over 50 domestic and international development platforms, including Cerebras and Windsurf, have chosen to integrate Zhipu's tools [1][2]
智谱敲钟港交所，上市首日市值突破528亿