Day: June 25, 2026

Chinese AI firm Zhipu plans billion-dollar share sale amid rallyChinese AI firm Zhipu plans billion-dollar share sale amid rally

Chinese AI startup Zhipu is weighing a multi-billion dollar share sale after it skyrocketed around 2,000% since its January IPO, Bloomberg reported, underscoring the enduring optimism around the country’s AI stocks. Beijing’s measures to expand AI adoption across consumer markets and plans to ease listing requirements for AI companies have ...