Zhipu's Hong Kong shares surged 6.15%, as GLM-5.3 gains recognition with Cursor launch
Zhipu's Hong Kong-listed shares closed today at HK$665 per share, up 6.15%, with a latest market capitalization of HK$324.2 billion. Cursor announced the launch of GLM-5.3 and GLM-5.3-Flash, stating that GLM-5.3 achieved the highest score of 42.6% among open-weight models on CursorBench 4.0 under the Max reasoning setting; Germany's sovereign AI Aleph Alpha also disclosed that its new model Kolibri uses GLM.
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Today, Zhipu's Hong Kong stock price continued to rise. As of the close, it reported HK$665 per share, up 6.15%, with a latest market value of HK$324.2 billion.
Data shows that Zhipu is regarded as the "world's first large-model stock." Recently, models in Zhipu's GLM series have successively gained overseas recognition. The AI programming tool Cursor recently announced the launch of GLM-5.3 and GLM-5.3-Flash, and stated that GLM-5.3, under the Max reasoning setting, achieved the highest score among open-weight models in its own programming benchmark CursorBench 4.0. The official leaderboard shows that the model scored 42.6%. In addition, the new model Kolibri released by the German sovereign AI Aleph Alpha (ALP) also disclosed its use of GLM.
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