It is reported that Zhipu is considering issuing billions of dollars in stocks in Hong Kong.

According to sources familiar with the matter, Chinese artificial intelligence model company Zhiku is considering selling shares in Hong Kong, with a financing scale that may reach tens of billions of dollars. Since its listing in January, the company's stock price has soared by 2000%. The sources, who requested anonymity due to the sensitive nature of the information, said that Zhiku is discussing potential share sales with advisors and the earliest possible date for this could be next month. The six-month lock-up period for Zhiku's IPO will expire on July 8th. The sources said that the sale of Zhiku shares is still under discussion and a deal may not be reached.