Hong Kong Stock Anomaly | Zhipu (02513) rises over 10% intraday, recently released GLM-5-Turbo and raised new model API prices by 20%

SmartTong Finance APP learns that Zhipu (02513) surged over 10% during trading. As of the latest report, it increased by 7.64%, trading at HKD 669, with a turnover of HKD 953 million.

On the news front, on March 16, Zhipu announced the launch of the base model GLM-5-Turbo for the OpenClaw lobster scenario, which is Zhipu’s first closed-source model since 2025. At the same time, the company raised the API price for the new model by 20%, marking its second price increase recently. Additionally, the “lobster farming” trend continues, with Tencent, Nvidia, and others making frequent moves. A Morgan Stanley research report pointed out that the OpenClaw craze reflects a shift in artificial intelligence from dialogue to execution, which is believed to be significant for the stock market because it extends monetization beyond the intelligent agent itself. The bank believes the earliest and most direct beneficiaries could be model and inference companies.

GLM-5.62%
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