--- title: "Zhipu climbs 5% on model launch, Hang Seng inclusion hopes" type: "News" locale: "en" url: "https://longbridge.com/en/news/296576918.md" description: "Zhipu (2513.HK) climbs 5% in Hong Kong trading to HK$1,071 on GLM-5.3 launch, Hang Seng Index inclusion hopes and southbound buying." datetime: "2026-08-21T06:42:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296576918.md) - [en](https://longbridge.com/en/news/296576918.md) - [zh-HK](https://longbridge.com/zh-HK/news/296576918.md) generator: "portal-rs" --- # Zhipu climbs 5% on model launch, Hang Seng inclusion hopes Zhipu (2513.HK) climbed **4.7%** in Hong Kong trading to HK$**1,071**, hitting an intraday high of HK$**1,080**. The move came as the company launched its next-generation GLM-5.3 foundation model API this week, integrating it with the National Supercomputing Internet and Alibaba's Qwen AI platform, showcasing strengths in complex coding and cybersecurity. Citi maintained an outperform rating with a target price of HK$**2,061**. Goldman Sachs expects Zhipu to meet inclusion criteria for the Hang Seng Index following today's quarterly review announcement. Southbound capital has net bought approximately HK$**3.5 billion** over the past three sessions, signaling sustained interest in the AI leader. ### Related Stocks - [02513.HK](https://longbridge.com/en/quote/02513.HK.md) ## Related News & Research - [Z.ai completes around US$5 billion financing for next-generation GLM models](https://longbridge.com/en/news/298871677.md) - [Z.ai shares tumble over 10% after $5 billion fundraising, its second major raise in two months](https://longbridge.com/en/news/298860164.md) - [Z.AI Plans US$5.0 Billion Fund-Raising to Fuel AI Expansion](https://longbridge.com/en/news/298845516.md) - [HSBC Research: Z.AI's CB Full Conversion May Dilute Equity by Approx. 5-6%; Rating Hold](https://longbridge.com/en/news/298891449.md) - [Z.AI Co., Ltd. Seeks HK$15.7 Billion via Discounted H-Share Placing](https://longbridge.com/en/news/298829151.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**