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Zhipu and MINIMAX Achieve Market Caps Over HK$300 Billion, Outstripping Kuaishou and Ctrip
15 hour ago /
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Author：小编
On February 20, following the opening of the Hong Kong stock exchange, shares of leading AI model firms Zhipu and MINIMAX experienced a notable surge, both soaring to unprecedented highs since their respective market debuts. By the time of reporting, Zhipu's stock price had soared by 36%, hitting HK$691, whereas MiniMax's shares had ascended by 12%, reaching HK$957. The combined market capitalization of these two prominent AI model companies has surpassed HK$300 billion, sequentially overtaking Ctrip, Kuaishou, and JD.com, and drawing closer to the market valuations of Pop Mart (HK$327.3 billion) and Baidu (HK$350 billion).
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