Zhipu AI Shares Up 16% After Hike

Zhipu AI (HK:2513) shares jumped 16.2% to HK$904.50, outperforming the Hang Seng’s 3% gain.
The surge follows a second AI model price increase this year, with GLM‑5.1 priced 8‑17% higher than the older GLM5‑Turbo.
Zhipu reported revenue more than doubled in 2025 on strong domestic demand, driving its shares up nearly 600% YTD 2026.
Peer MiniMax Group (HK:0100) rose 5.6%, reflecting broader tech rally as AI optimism grows.