China AI startup Zhipu peaks on latest AI model enhancement
09/04/2026 06:09
** Knowledge Atlas Technology JSC 2513.HK, also known as Zhipu AI, shares jump 15% to HK$999, their highest level since January 8 debut ** Since debut, stock up 759.7% from IPO price of HK$116.2 per share ** Chinese AI startup said in a post on Wednesday that its model GLM-5.1 has significantly enhanced coding capabilities, particularly in handling long-term tasks ** Model could run for over eight hours "long-horizon tasks", capable of completing complex workflows, including independently planning, executing, refining and delivering a complete final product (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))