Knowledge Atlas Technology
Coverage of Knowledge Atlas Technology in the Nexus archive.
- Shares soar as recently-listed Zhipu AI and Iluvatar CoreX launch secondary placements
Shares of Zhipu AI and Iluvatar CoreX Semiconductor surged after they launched secondary placements to raise billions of Hong Kong dollars for hardware and research. Zhipu AI, trading as Knowledge Atlas Technology, saw its stock rise 9% following an accelerated bookbuild offering.
- Mainland investors in buying mood for Hong Kong shares, favouring SMIC, Zhipu AI
Mainland investors purchased HK$27.1 billion of Hong Kong stocks in June via the cross-border Stock Connect programme, favoring AI-related companies like Semiconductor Manufacturing International Corp (SMIC) and Knowledge Atlas Technology. This marked a reversal from a HK$3.6 billion outflow in May.
- Zhipu AI market cap tops HK$1 trillion as shares of GLM-5.2 developer soar
Zhipu AI's market capitalization exceeded HK$1 trillion as its shares surged 42% following the release of the open-source GLM-5.2 model. The Hong Kong-listed company, trading under the name Knowledge Atlas Technology, reached a peak share price of HK$2,980.
- Zhipu AI market cap tops HK$1 trillion as shares of GLM-5.2 developer soar
Zhipu AI's market capitalization exceeded HK$1 trillion as shares of Knowledge Atlas Technology surged 42% following the release of its open-source GLM-5.2 model. The Hong Kong-listed company is competing with American rivals in the artificial intelligence sector.
- How to ride out Hong Kong’s US$274 billion lock-up expiry wave hitting stocks this year
Hong Kong's stock market faces a potential influx of US$274 billion in shares as lock-up restrictions expire on popular IPOs like MiniMax Group and Knowledge Atlas Technology. Goldman Sachs and investors such as SPI Asset Management are monitoring the impact of this surge.
- Zhipu stock is surging as U.S. curbs on Anthropic's top AI models boost China's rivals
Knowledge Atlas Technology stock surged 48% as Wall Street banks increased investments in Chinese AI developers. The rise follows U.S. restrictions on Anthropic's top AI models, which are boosting China's competitors.
- MiniMax once led Zhipu in Hong Kong’s AI stock race. How the tables have turned
Zhipu AI and MiniMax debuted on Hong Kong's stock exchange in January, with MiniMax initially having a higher market capitalization. Five months later, Zhipu (traded as Knowledge Atlas Technology) has surpassed MiniMax in market value.
- MiniMax once led Zhipu in Hong Kong’s AI stock race. How the tables have turned
MiniMax and Zhipu AI debuted on Hong Kong's stock exchange in January 2024, with MiniMax initially valued at HK$106.7 billion compared to Zhipu's HK$57.9 billion. Five months later, Zhipu (traded as Knowledge Atlas Technology) has surpassed MiniMax in market performance.
- Hong Kong’s Hang Seng Tech Index welcomes MiniMax, Zhipu in AI milestone amid slump
MiniMax Group and Knowledge Atlas Technology were added to Hong Kong’s Hang Seng Tech Index, marking the first inclusion of pure-play AI companies in the benchmark. Analysts suggested the move could drive passive inflows, but shares moved inversely amid a broader market sell-off.
- Why Hong Kong is now the launch pad for mainland China’s AI champions
Chinese AI companies are reversing their traditional dual-listing sequence by launching shares in Hong Kong before mainland China to leverage global investor valuations and secure advanced capital for growth. MiniMax Group and Knowledge Atlas Technology (Zhipu) are leading this shift, preparing mainland offerings after Hong Kong listings.