Artificial intelligence company Zhipu AI, also known as Knowledge Atlas Technology, opened 3.3% higher than its offer price of HK$116.20 (RM60) apiece and ended 13.2% higher at HK$131.50. Shanghai Iluvatar CoreX, a semiconductor firm, started 31.6% higher than the offer price of HK$144.60, and closed 8.4% higher at HK$156.80. Surgical robotics company Shenzhen Edge Medical jumped 36.4% above the HK$43.24 offer price, and ended 30.9% higher atHK$56.60. Zhipu AI, spun out of Tsinghua University, raised HK$4.35 billion at HK$116.20, giving it a valuation near HK$51 billion. Its offer price gave it a market capitalisation near HK$36.8 billion.

Source: The Edge Markets January 08, 2026 09:52 UTC