Zhipu leads rally in Chinese AI stocks, surging 30%, as a wave of new releases hits market
Information about Zhipu’s AI service on the web called Z.ai was created on a computer in Shanghai on January 7, 2026.
Raul Ariano | Bloomberg | Getty Images
Chinese artificial intelligence stocks rose on Thursday as several companies unveiled updated models and top policymakers renewed calls for broader adoption of the technology.
Zhipu AI listed in Hong Kong – traded as: Information Atlas Technology — rose 30% after the release of GLM-5, an open-source, large-language model with advanced coding capabilities and long-running agent tasks.
The company said the model Anthropic’s Claude Opus is approaching 4.5 In coding tests, it outperformed Google’s Gemini 3 Pro in some tests. CNBC could not verify these claims.
MiniMax Hong Kong shares up 11% after Wednesday launch of updated M2.5 The open source model with advanced artificial intelligence tool tools is on the overseas website.
The company describes M2 as “a model built for Max coding and mediated workflows.”
This rally comes at a time when AI competition is intensifying, with Chinese developers racing to compete with US rivals with new model and representative releases.
DeepSeek, which took the world by storm last year, also upgraded its flagship artificial intelligence model on Wednesday, adding support for a wider context window and more up-to-date information. report From South China Morning Post.
Ant Group also launched its open-source AI model Ming-Flash-Omni 2.0 on Wednesday. The “combined multimodal model” is capable of producing speech, music, sound effects and visuals.
The disclosures also increased investors’ sentiment towards suppliers of artificial intelligence companies. Shanghai-listed shares of UCloud Tech, which provides computing support to Zhipu, reached the daily limit, up 20%.
SenseTime, which shifted its focus from developing facial recognition surveillance technology to providing artificial intelligence software platforms, saw its shares in Hong Kong rise 5%.
The Shanghai STAR Artificial Intelligence Industry Index rose 1.7% before paring its gains.
Zhipu A.I.
Chinese Premier Li Qiang on Wednesday called for a comprehensive move Applying AI “in a variety of scenarios to unlock the technology’s potential.”
The rise in AI startups comes amid a broader decline in Chinese tech giants that also have AI divisions. shares Tencent And Alibaba’s fell 2.6% and 2.1% respectively. Hong Kong’s Hang Seng Tech index fell 1.7 percent.
