Movement Alert｜Zhipu Falls 3.26% in Regular Trading, Lock-up Expiry and Intensifying AI Model Competition Weigh on Shares

Market Focus

Jun 10

On June 10, Zhipu (02513.HK) declined 3.26% in regular trading, trading at HKD 1,054.0 per share, with trading volume of HKD 507 million. The stock has continued its pullback after reaching a record high on May 29, with cumulative maximum drawdown exceeding 36%.

On the news front, multiple headwinds are pressuring the stock. Approximately 11.99 million cornerstone investor shares are set to be unlocked on July 8, fueling market concerns over potential selling pressure. Meanwhile, competition in China's AI large language model space has intensified sharply, with rivals Step Star and MiniMax successively launching new products competing on model speed and context length, raising concerns about Zhipu's future profit margins.

Within the Systems Software sector, performance was mixed. HAIZHI TECH GP rose 8.96%, while MINIMAX-WP fell 2.67%, DEEPEXI TECH declined 1.23%, EXTREME VISION dropped 2.81%, and ONEFORCE HLDGS fell 4.88%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1188029126"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1188029126\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1188029126?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-10 09:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1188029126","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Zhipu Falls 3.26% in Regular Trading, Lock-up Expiry and Intensifying AI Model Competition Weigh on Shares","media":"Market Focus","content":"<p><p>On June 10, Zhipu (02513.HK) declined 3.26% in regular trading, trading at HKD 1,054.0 per share, with trading volume of HKD 507 million. The stock has continued its pullback after reaching a record high on May 29, with cumulative maximum drawdown exceeding 36%.</p><p>On the news front, multiple headwinds are pressuring the stock. Approximately 11.99 million cornerstone investor shares are set to be unlocked on July 8, fueling market concerns over potential selling pressure. Meanwhile, competition in China's AI large language model space has intensified sharply, with rivals Step Star and MiniMax successively launching new products competing on model speed and context length, raising concerns about Zhipu's future profit margins.</p><p>Within the Systems Software sector, performance was mixed. HAIZHI TECH GP rose 8.96%, while MINIMAX-WP fell 2.67%, DEEPEXI TECH declined 1.23%, EXTREME VISION dropped 2.81%, and ONEFORCE HLDGS fell 4.88%.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Zhipu Falls 3.26% in Regular Trading, Lock-up Expiry and Intensifying AI Model Competition Weigh on Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Zhipu Falls 3.26% in Regular Trading, Lock-up Expiry and Intensifying AI Model Competition Weigh on Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-10 09:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 10, Zhipu (02513.HK) declined 3.26% in regular trading, trading at HKD 1,054.0 per share, with trading volume of HKD 507 million. The stock has continued its pullback after reaching a record high on May 29, with cumulative maximum drawdown exceeding 36%.</p><p>On the news front, multiple headwinds are pressuring the stock. Approximately 11.99 million cornerstone investor shares are set to be unlocked on July 8, fueling market concerns over potential selling pressure. Meanwhile, competition in China's AI large language model space has intensified sharply, with rivals Step Star and MiniMax successively launching new products competing on model speed and context length, raising concerns about Zhipu's future profit margins.</p><p>Within the Systems Software sector, performance was mixed. HAIZHI TECH GP rose 8.96%, while MINIMAX-WP fell 2.67%, DEEPEXI TECH declined 1.23%, EXTREME VISION dropped 2.81%, and ONEFORCE HLDGS fell 4.88%.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02513","symbol_name":"智谱","start_time":0,"source_url":"","article_id":"1188029126","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188029126","pubTimestamp":1781055962,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 10, Zhipu (02513.HK) declined 3.26% in regular trading, trading at HKD 1,054.0 per share, with trading volume of HKD 507 million. The stock has continued its pullback after reaching a record...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02513":"智谱"},"translate_title":"动向快讯|智浦常规交易跌3.26%禁售到期及AI模型竞争加剧令股价承压","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02513":1},"content_text":"On June 10, Zhipu (02513.HK) declined 3.26% in regular trading, trading at HKD 1,054.0 per share, with trading volume of HKD 507 million. The stock has continued its pullback after reaching a record high on May 29, with cumulative maximum drawdown exceeding 36%.On the news front, multiple headwinds are pressuring the stock. Approximately 11.99 million cornerstone investor shares are set to be unlocked on July 8, fueling market concerns over potential selling pressure. Meanwhile, competition in China's AI large language model space has intensified sharply, with rivals Step Star and MiniMax successively launching new products competing on model speed and context length, raising concerns about Zhipu's future profit margins.Within the Systems Software sector, performance was mixed. HAIZHI TECH GP rose 8.96%, while MINIMAX-WP fell 2.67%, DEEPEXI TECH declined 1.23%, EXTREME VISION dropped 2.81%, and ONEFORCE HLDGS fell 4.88%.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}