The total market capitalization of Zhipu, a Hong Kong-listed company, has exceeded HK$1 trillion.

The total market capitalization of Zhipu, a Hong Kong-listed company, has surpassed HK$1 trillion for the first time, surging over 2000% year-to-date to HK$1.27 trillion. Previously, Zhipu's open-source GLM-5.2 model ranked first among available models in the Code Arena front-end development evaluation, a blind test conducted by millions of users worldwide.