Zhipu Shares Surge 47% Intraday on GLM-5.2 Launch, Trim Gains to 28% by Midday

According to Beating, Zhipu's Hong Kong-listed shares surged to an intraday high of 1,620 HKD on June 15 morning, up 47.68% from the previous close, before profit-taking pulled the stock down to 1,404 HKD by midday, narrowing gains to 27.99% with a market cap of 625.9 billion HKD. The rally was driven by the company's full rollout of its flagship GLM-5.2 model announced the prior Saturday.
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