On July 7, Zhipu's (02513.HK) stock price surged, with the increase extending to a notable 10%. Prior to this, Zhipu had refuted rumors circulating in the market, clarifying that reports regarding the withdrawal of its A-share Initial Public Offering (IPO) coaching filing were baseless and amounted to malicious speculation. The company further affirmed that its coaching work for the A-share issuance had been successfully concluded.
