Business & Market 🇨🇳 12.08.2026 23:02

DeepSeek announces price hike, 'first large-model stock' Zhipu surges 15%! Largest Hong Kong Stock Connect IT ETF Huabao (159131) rises 1.49% - Sina Finance

DeepSeekDeepSeek
DeepSeek announced a price increase, causing Zhipu, known as the 'first large-model stock', to surge 15%. The largest Hong Kong Stock Connect IT ETF Huabao (159131) also rose by 1.49%.
DeepSeek officially announced a price hike, which contributed to a significant rally in Zhipu AI, often referred to as the 'first large-model stock', with its shares jumping 15%. In the broader market, the largest Hong Kong Stock Connect information technology ETF, Huabao (ticker 159131), also advanced by 1.49%. The news was reported by Sina Finance.
Abbreviations
ETF = Exchange-Traded Fund — биржевой инвестиционный фонд
IT = Information Technology — информационные технологии
Source: Zhipu GLM (GNews) — original
Our earlier posts on this topic ↓
Fresh news