5天暴拉144%！“风投女王”再度上演经典一战

Core Viewpoint - The stock price of Zhipu has surged by 144% over five days, driven by the excitement surrounding its new GLM-5 model, resulting in significant returns for early investors, including Xu Xin's Today Capital, which achieved an 18-fold return on its investment [1][2][3][5]. Group 1: Stock Performance - Zhipu's stock price began a rapid ascent on February 9, with a 36.22% increase on the first day, followed by a 14.81% rise the next day, and a peak of 496 HKD per share on February 13, marking a new high since its listing [2][3]. - The total market capitalization of Zhipu has exceeded 210 billion HKD, reflecting a substantial increase in investor interest and confidence [3][7]. Group 2: Investment Insights - Xu Xin's Today Capital invested 255.3 million RMB in Zhipu, which has now grown to a market value of approximately 5.505 billion HKD (around 486.6 million RMB), yielding an 18-fold return [5][6]. - Other prominent investors, such as Junlian Capital and Qiming Venture Partners, have also seen significant gains, with Junlian holding over 27 million shares valued at more than 13 billion HKD [7][8]. Group 3: Market Dynamics - The surge in Zhipu's stock price is attributed to the launch of its GLM-5 model, which has been perceived as a pivotal moment for the company, indicating its competitive edge in the AI sector [8]. - Despite the current success, there are concerns regarding Zhipu's ongoing expenses and profitability, as the company is still in a loss-making position, necessitating careful observation of its future performance [8].