$ZHIPU lost 10.5 points in a day!! It reached 79.07, the low only touched 78.17, and the turnover was just 47 million—this volume simply can’t hold it.
To put it plainly, it’s not really Zhipu’s own problem. Hong Kong tech stocks have been broadly killing valuations these past few days, and the U.S. dollar side also won’t ease up. Foreign investors’ pricing of domestic AI large models has always been awkward. As China’s first listed company for AI large models, $ZHIPU ’s earnings expectations haven’t truly been delivered yet—when sentiment cools off, you get this kind of stampede.
The key is this: on the TradFi side, funds are hiding in tokenized assets like gold and crude oil. For high-beta tech assets like $ZHIPU , the priority immediately gets pushed to the back of the line. The AI narrative in crypto has also been cold lately. When the two sides’ sentiment combine, it falls even faster than anyone else.
The spike toward 88.72 probably trapped a batch of people… now at the 78 level, can it hold? Look at the mood of the Hang Seng market tomorrow.
To put it plainly, it’s not really Zhipu’s own problem. Hong Kong tech stocks have been broadly killing valuations these past few days, and the U.S. dollar side also won’t ease up. Foreign investors’ pricing of domestic AI large models has always been awkward. As China’s first listed company for AI large models, $ZHIPU ’s earnings expectations haven’t truly been delivered yet—when sentiment cools off, you get this kind of stampede.
The key is this: on the TradFi side, funds are hiding in tokenized assets like gold and crude oil. For high-beta tech assets like $ZHIPU , the priority immediately gets pushed to the back of the line. The AI narrative in crypto has also been cold lately. When the two sides’ sentiment combine, it falls even faster than anyone else.
The spike toward 88.72 probably trapped a batch of people… now at the 78 level, can it hold? Look at the mood of the Hang Seng market tomorrow.