Movement Alert｜Z.AI Intraday Rise 4.09% in Regular Trading, Anthropic IPO momentum continued to support AI large-model names

Market Focus10-28 09:31

On October 28, Z.AI posted an Intraday Rise of 4.09% in Regular Trading, trading at HK$574.0, with turnover of HK$187 million.

The clearest recent catalyst was continued sentiment support for AI large-model stocks after Anthropic publicly filed for a Nasdaq IPO, with media reports stating it targeted a valuation of as much as $2 trillion. In related coverage on October 27, Z.AI had already been among the sector leaders as investors reacted to that development.

Additional company-specific context also came from Z.AI’s product activity. Reports on October 27 said its AI coding tool ZCode would provide each user with 300 million free GLM-5.3-Flash tokens per day within the product, reinforcing market attention on model adoption and commercialization progress.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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