Zhipu IPO: Details, Price, and Listing Date
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Zhipu AI IPO: “AI Six Little Tigers” Company Seeks $600 Million in Hong Kong Listing
Overview
Zhipu AI, frequently enough referred to as one of the “Six Little AI Tigers” in China, is launching an initial public offering (IPO) on the Hong Kong Stock Exchange (HKEX) aiming to raise approximately 4.35 billion yuan (roughly $600 million USD). The IPO period runs from December 30, 2025, to January 5, 2026, with trading expected to begin on January 8, 2026. The company is offering 37.42 million H shares, representing 5% of its total share capital.
IPO Details
The offer price is set at HK$116.2 per share,translating to an entry fee of HK$11,737.2 for one lot of 100 shares. China International Capital Corporation (CICC) is acting as the sole sponsor for the IPO. as of 4 p.m. on December 30,2025,Zhipu had secured margin loans totaling 2.12 billion yuan from various securities firms, indicating strong initial demand.
| Metric | Value |
|---|---|
| company Name | Zhipu AI |
| Stock Ticker (HKEX) | 02513 |
| IPO Price | HK$116.2 per share |
| Lot Size | 100 shares |
| Entry Fee (per lot) | HK$11,737.2 |
| Total Shares Offered | 37.42 million H shares |
| Percentage of Share Capital | 5% |
| Funds Raised (approx.) | 4.35 billion yuan (approx. $600 million USD) |
| Sponsor | CICC |
| IPO Period | December 30, 2025 - January 5, 2026 |
| Trading Start Date | January 8, 2026 |
About Zhipu AI
zhipu AI is a leading Chinese artificial intelligence company specializing in large language models (LLMs) and generative AI technologies. The company is part of a group of rapidly growing AI firms in China, often dubbed the “Six Little AI Tigers,” alongside companies like MiniMax, Baichuan Clever Technology, and 01.AI. Z