<IPO>CN AI Startup Zhipu Plans to Switch to HK IPO, Targeting to Raise USD300M: Wire
Chinese AI startup Zhipu is considering changing its listing location from mainland China to Hong Kon...
Chinese AI startup Zhipu is considering changing its listing location from mainland China to Hong Kong, aiming to raise around USD300 million, Bloomberg reported, citing sources.
Standing out as one of the few Chinese startups with the potential to rival OpenAI, Zhipu has attracted investors like BABA-W (09988.HK) and TENCENT (00700.HK) . It is understood that the company is still collaborating with financial advisors on its IPO plans, and no final decision has been made yet.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-11 16:25.)
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