Hong Kong stocks Zhipu surges nearly 40% in the afternoon

Hong Kong stocks’ Zhipu surged nearly 40% in the afternoon, reaching a high of HKD 437.4, with a total market capitalization approaching HKD 200 billion. On the news front, the company recently increased the price of its AI programming subscription plan, GLM Coding Plan. The price adjustment starts at a 30% increase, reflecting the company’s strategic focus in the AI field shifting toward enhancing product value.

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