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Shares soar as Zhipu AI and Iluvatar CoreX launch secondary placements

  • Posted on July 9, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
Shares soar as Zhipu AI and Iluvatar CoreX launch secondary placements
Shares soar as Zhipu AI and Iluvatar CoreX launch secondary placements

GLM-5.2 model developer Zhipu AI is seeking to raise HK$31.4 billion, while chipmaker Iluvatar CoreX is targeting HK$7.1 billion.
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Author
South China Morning Post

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