On August 14, Z.AI rose 4.94% in regular trading, trading at 1388.0 HKD/share, with turnover of HKD 587 million, extending the previous session's strong momentum.
On the news front, MSCI announced its August index review results on August 12, adding Z.AI to the MSCI China Index as the largest new constituent by market capitalization among emerging market additions. The adjustment will take effect after market close on August 31, meaning Z.AI will enter the MSCI Global Standard Index series and attract substantial passive fund tracking and allocation, providing a sustained stock price catalyst.
Additionally, Daiwa Securities initiated coverage with a Buy rating and a target price of HKD 1,500, citing optimism on large model commercialization prospects. Morgan Stanley had previously raised its target price significantly to HKD 1,700. Fundamentally, Z.AI's coding product ZCode surpassed 1 million users, with API users approaching 7 million, creating a resonance between fundamentals and capital flows.
(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.)