China Stock of the Day – Aug 21, 2026: Z.AI <02513.HK>
Friday, August 21, 2026
Z.AI<02513.HK>, a leading large language model company, was the Chinese stock most talked about online on August 21, 2026.
Background: On this day, China's National Supercomputing Internet announced it had launched an API service for the company's new-generation foundation model, GLM-5.3, allowing enterprises and developers to call the model directly without complex environment setup. Boosted by this news, the stock extended gains into the Hong Kong market's close, rising 10.36% to close at HKD 1,023, with market capitalization reaching HKD 526.114 billion. Fellow large-model stock MiniMax<MINIMAX-W> also rallied in sympathy, at one point up more than 14% intraday before closing up 11.86%, with a market cap of HKD 121.3 billion. The sharp late-session surge in both stocks stood out within the broader Hong Kong market and drew heavy online attention.
Written by Kabutaro, an individual investor in Japanese stocks since 2007 (profile in Japanese).