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Zhipu Plans Hong Kong Placement of 21.97 Million H Shares at HK$714 Each

Zhipu plans to place approximately 21.97 million H shares at HK$714 each. Based on the offered price and share count, this Hong Kong-listed share placement by the Chinese AI company would raise about HK$15.7 billion. The filing does not disclose further terms of the transaction.

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