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Seeking cash for AI, China’s Z.ai eyes new US$5b fundraising push after July share sale

This story is from 2026-09-13. It is preserved in the archive; the latest stories are on the live feed.

Z.ai, the Chinese artificial intelligence model developer listed in Hong Kong, is seeking to raise about HK$15.7 billion (US$2 billion) through a placement of roughly 21.97 million new H shares at HK$714 apiece, according to a company filing on Sunday. The company also announced a 20.14 billion yua…

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  1. 2026-09-13 13:34 · South China Morning Post Tech
    Seeking cash for AI, China’s Z.ai eyes new US$5b fundraising push after July share sale

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