HK Stock Market Move | Z.AI (02513) rose more than 6% in morning trading as China Mobile Limited and Z.AI reached a partnership to accelerate the large-scale deployment of domestic large models.

Z.AI (02513) rose more than 6% in morning trading. As of press time, it was up 5.49% at HK$449.6, with a turnover of HK$965 million. On the news front, China Mobile Limited and Z.AI have officially signed a cooperation agreement, under which the two parties will engage in deep collaboration around domestic computing power, large model services, and AI commercialization. According to the cooperation arrangement, the two parties will carry out joint innovation in domestic computing power adaptation, Token production efficiency improvement, AI Coding product development, and industry applications in finance and government affairs. Z.AI's GLM series models will also be integrated into China Mobile Limited's model service system to accelerate the large-scale deployment of large models in key industries. For Z.AI, this cooperation will further connect the industrial chain from underlying computing power and model services to commercial distribution, improve model inference efficiency, expand the scale of GLM model calls and commercialization channels, and drive the accelerated transformation of domestic large models from independent technological innovation to large-scale industrial application.