Huo Xing Finance reports that on October 14, according to market data, Zhipu AI on the Hong Kong Stock Exchange has been experiencing a continuous decline, falling 1.83% during today’s trading session to HK$590, reaching its lowest level since March this year. On the news front, on October 8, Anthropic launched its new model, Claude Haiku 5.5, which market analysts say has exerted devastating competitive pressure on domestically developed low-cost models. Additionally, on September 11 of this year, Zhipu launched a new share offering of approximately $2 billion in Hong Kong, alongside the issuance of about $3 billion in convertible bonds. The company priced the new shares at HK$714 per share, issuing 21.97 million shares; the current market price is nearly 20% lower than the offering price.
Zhipu AI's share price falls to its lowest since March, down nearly 20% from its September placement price.
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Summary
Zhipu AI's crypto price hit a new low on October 14, 2026, declining 1.83% to 590 HKD, the weakest level since March. The drop followed Anthropic’s launch of its Claude Haiku 5.5 model, increasing pressure on low-cost alternatives. Price analysis shows the current level is nearly 20% below the 714 HKD offering price set on September 11, when Zhipu raised $2 billion through a Hong Kong share offering.
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