Zhipu AI jumped 15% to HK$999, a record, and MiniMax rose 5.4% to HK$1,053 on 9 April 2026.
The rally was driven by Zhipu’s launch of its GLM‑5.1 model and a second price hike this year, boosting AI sentiment.
MiniMax gained as Anthropic halted Claude support for third‑party tools, and Meta’s new AI model further lifted sector sentiment.
Since their IPOs earlier this year, Zhipu has risen about 650% and MiniMax about 205%, vastly outpacing the Hang Seng’s 0.3% decline.