On June 22, the Hong Kong-listed large model concept stock Zhipu (02513.HK) saw its total market capitalization briefly exceed HKD 1 trillion during trading, with a daily gain of over 8%. According to a report from People’s Financial News, Zhipu listed on the Hong Kong Stock Exchange on January 8 this year at an issue price of HKD 116.2, and its share price has continued to climb, firmly holding the position of the highest-priced stock in Hong Kong. As previously reported by Securities Times, on June 18, Zhipu recorded a single-day gain of 26.14%, closing with a market cap of HKD 933.6 billion, accumulating a cumulative increase of over 51% within three trading days.
In addition, Zhipu’s process of returning to A-share listing is also accelerating. On June 17, the CSRC website showed that the status of Zhipu’s STAR Market IPO tutoring had been updated to