Zhipu AI to List on Shanghai Sci-Tech Innovation Board
The Chinese artificial intelligence startup intends to issue up to 38.8 million A shares on the Shanghai Stock Exchange. This move follows a successful Hong Kong IPO in January and reflects a broader trend of tech firms seeking domestic listings amid rising investor interest.
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Z.AI Co will apply for a domestic listing on the Shanghai Stock Exchange Sci-Tech Innovation Board to issue between 9.1 million and 38.8 million A-shares. The proposed issuance represents between 2% and 8% of the total share capital for the China-based artificial intelligence leader. The move follows the firm's Hong Kong IPO in January.
