Hong Kong-listed Zhipu (02513.HK) surged over 45% intraday, with gains now narrowing to 29%

According to MSX.COM data, shares of Zhipu (02513.HK) on the Hong Kong stock exchange surged over 45% during intraday trading, with gains now narrowing to 29%. On the news front, against the backdrop of overseas competitors' strongest models being globally banned due to government regulations, Zhipu announced the full open access of its most capable open-source model, GLM-5.2. The model will be open-sourced next week under the MIT license. This move aims to attract global developers through an open strategy.