Media reports, citing sources with insider knowledge, indicate that Zhipu, a Chinese enterprise specializing in artificial intelligence models, is contemplating a share sale in Hong Kong, with the potential financing scale running into billions of dollars. Since its market debut in January, the company's stock price has witnessed an astonishing surge of 2000%. Given that the information is not publicly available, sources with knowledge of the situation have chosen to remain anonymous while revealing that Zhipu is currently engaged in discussions with advisors regarding a possible share placement. This placement could materialize as early as next month. Notably, the six-month lock-up period following Zhipu's Initial Public Offering (IPO) is set to expire on July 8. However, it is important to note that the share sale is still under active deliberation, and there remains a possibility that the deal may not reach fruition.