Hong Kong's stock market may experience sell-off pressure as the six-month lock-up period for shares in artificial intelligence and semiconductor companies like Zhipu AI and MiniMax concludes, leading to a surge in new share supply.

Chinese artificial intelligence companies MiniMax Group and Knowledge Atlas Technology (Zhipu AI) are slated to be included in the Hang Seng Tech Index next month, following criticism that the index had underperformed by missing key tech players.

POET Technologies reported a GAAP EPS of -$0.32, missing estimates by $0.26, and revenue of $0.34 million, missing by $0.16 million.

Hong Kong-listed artificial intelligence company Zhipu AI saw its market capitalization surpass HK$1 trillion (US$128 billion) on Monday, driven by strong investor confidence as it competes with American rivals.

Chinese artificial intelligence company Zhipu AI has open-sourced its latest flagship model, GLM-5.1, and increased its API prices by 10 percent, signaling a move towards monetizing advanced AI capabilities.

Chinese artificial intelligence developer Zhipu has achieved a record valuation of $112 billion, signaling significant growth and investment in China's AI sector. The valuation underscores the company's rising prominence in the global AI market.

Chinese companies like Alibaba Cloud and Zhipu AI are moving away from open-sourcing their latest AI models, opting instead for proprietary development to maximize revenue and performance.