Shares of Chinese AI giant Zhipu AI, trading as Knowledge Atlas Technology in Hong Kong, closed almost flat at HK$1,645 on Monday, after gaining over 1 percent by midday. This performance bucked a broad plunge of AI-related stocks across Hong Kong and the Chinese mainland, which saw rival MiniMax slump almost 20 percent.
Zhipu AI's relative stock stability suggests investor confidence in its specific strategy, despite a wider market correction for Chinese AI companies.