Sources: Alibaba-backed Chinese AI startup Zhipu plans to raise ~$300M in an IPO in Hong Kong, after previously considering listing in mainland China Bloomberg : Bloomberg 2025-07-11 ~$300M, Chinese AI, IPO, Bloomberg, Alibaba, China, Hong Kong, Zhipu Related Coverage IPO market just can't seem to get out of second gear Proactive Is Apple Supplier BIEL Crystal Headed For An IPO? Benzinga