Knowledge Atlas Technology JSC Ltd 

ZHIPU Price

What is Knowledge Atlas Technology (Zhipu AI) stock?

Knowledge Atlas Technology Joint Stock Company Limited — trading as Zhipu AI and renamed Z.AI Co., Ltd. after listing — is a China-based AI foundation-model developer building the GLM (General Language Model) series. Knowledge Atlas Technology listed on the Hong Kong Stock Exchange under ticker 2513 on 8 January 2026. On DropsTab, ZHIPU represents crypto-derivative exposure to that Hong Kong-listed share, not a native crypto token.

Which AI products does Zhipu AI develop?

Zhipu AI develops large language models led by the GLM (General Language Model) series. Zhipu AI's product lineup includes z.ai, AutoGLM, ChatGLM, Zread.ai and the AMiner research platform, delivered through on-premise and cloud deployment. Zhipu AI listed as the first pure-play foundation-model developer on the Hong Kong Stock Exchange, positioning it as an AI infrastructure equity accessed by crypto traders through derivatives.

Is ZHIPU on DropsTab a token or a stock?

ZHIPU on DropsTab is an equity, not a crypto token. DropsTab records no max supply, no total supply and no token contracts for ZHIPU, consistent with a listed share rather than an issued token. No native ZHIPU token exists. The ZHIPU symbol denotes crypto-exchange derivatives referencing the HKEX 2513 share price, with no on-chain wrapper, issuer or custody attached.

How are ZHIPU perpetual futures traded on crypto exchanges?

ZHIPU trades exclusively through USDT-margined perpetual futures that reference the HKEX 2513 share price. Per DropsTab data, ZHIPU has 0 spot markets and 0 DEX liquidity — access is derivative-only. Tracked perpetual venues include Binance Futures, OKX Futures, Gate.io Futures and Hyperliquid. ZHIPU differs from xStocks or rToken tokenized-stock wrappers, which carry an issuer and custody; ZHIPU perpetuals carry neither.

What are the risks of trading ZHIPU perpetual futures?

ZHIPU perpetual futures carry funding-rate, leverage and counterparty risk because access is derivative-only, with no spot or DEX venue to arbitrage against. ZHIPU perpetuals track an equity that trades only during Hong Kong Stock Exchange hours, while the perps trade continuously. This gap creates basis and liquidity risk — ZHIPU perpetuals keep pricing when the underlying 2513 share is closed.

When did Zhipu AI (Z.AI) list on the Hong Kong Stock Exchange?

Zhipu AI, listing as Z.AI Co., Ltd., debuted on the Hong Kong Stock Exchange under ticker 2513 on 8 January 2026. The IPO offered 37,419,500 H-shares at HKD 116.20 per share. The global offering raised approximately HKD 4.348 billion (~USD 558 million), ranking among the largest AI foundation-model IPOs to date.

What are Zhipu AI's 2025 revenue and financials?

Zhipu AI reported 2025 revenue of RMB 724.3 million, up 131.9% year-on-year. Zhipu AI posted a net loss of RMB 4.72 billion for the same period, driven by heavy R&D spending on foundation-model development. Detailed pre-IPO cap-table and investor figures are not publicly disclosed in the DropsTab dataset.

Why is this page titled "Knowledge Atlas Technology JSC Ltd"?

Knowledge Atlas Technology Joint Stock Company Limited is the pre-listing legal name of the entity now trading as Z.AI Co., Ltd. Zhipu AI is the same company under its widely-known trading name. Users searching the pre-rename name "Knowledge Atlas Technology" reach the same HKEX 2513 asset as users searching "Zhipu AI" or "Z.AI".