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Sep 13, 2026, 2:15 pm115 ptsTrending
The Next Web
Z.ai, the Chinese model developer listed in Hong Kong as Zhipu, has raised about $5bn in a single move. Roughly $2bn came from placing 21.97 million new shares at HK$714, about 10 percent below the previous close. The other $3bn came from RMB 20.14bn of convertible bonds maturing in September 2027, and those…
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