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Zhipu AI's Restricted Shares Worth 41.35 Billion Yuan Fully Unlocked on July 7; Stock Surges 10.4% with 70% of Institutional Investors Committed to Long-Term Holdings

2026-07-08 02:38:02

According to state media reports, Zhipu AI's (HKG: 2513) restricted shares worth approximately 41.35 billion yuan were fully unlocked on July 7, 2026. Near 70% of the company's institutional investors have committed to long-term holdings. The stock surged 10.4% to 1,778 Hong Kong dollars as of 10:30 a.m. on July 8, with intraday gains reaching as high as 15.2% at 1,854 Hong Kong dollars. The unlocked shares comprised approximately 25.68 million shares held by cornerstone investors during the Hong Kong IPO.

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