$ZHIPU This stock price has really risen to the top, but the contract price liquidity is a bit poor, not meeting expectations~

During today’s trading: up nearly 18%, reaching HK$1,967 • Weekly total: +80% • Tuesday close: HK$1,734 (+17.64%) • Wednesday intraday: HK$1,967 (+18%) • Turnover: nearly 4.5 billion Hong Kong dollars 3.2 Why the surge? Triple catalysts stacking: ① Anthropic faces US regulation (June 15)
• US imposes export controls on Anthropic’s flagship model
• Market interpretation: Strengthening of the "domestic replacement" logic for Chinese AI large models • Zhipu AI surged 47.6% intraday, closing +28.35% ② GLM-5.2 open-source release (June 17)
• Zhipu AI released and open-sourced the new generation flagship large model GLM-5.2
• Artificial Analysis comprehensive score of 51, ranking SOTA among open-source models
• 1M token context made from "paper parameters" into "production-ready"
• Bairen Technology and Moore Thread completed "Day-0" adaptation
• Lowered enterprise integration barriers, accelerating domestic replacement ③ Positive news from Lujiazui Forum (June 17-18)
• CSRC Chairman Wu Qing: Expand the scope of the fifth set of standards for the Sci-Tech Innovation Board to include AI
• Continue to deepen reforms of the "Two Innovation Boards"
• Overall uplift of the Hong Kong AI sector