{"id":157372,"date":"2026-09-13T13:34:59","date_gmt":"2026-09-13T13:34:59","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=157372"},"modified":"2026-09-13T13:34:59","modified_gmt":"2026-09-13T13:34:59","slug":"seeking-cash-for-ai-chinas-z-ai-eyes-new-us5b-fundraising-push-after-july-share-sale","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=157372","title":{"rendered":"Seeking cash for AI, China\u2019s Z.ai eyes new US$5b fundraising push after July share sale"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostZ.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.<br \/>\nThe company also announced a 20.14 billion yuan (US$3 billion) convertible-bond sale, according to its filing with the Hong Kong stock exchange.<br \/>\nZ.ai, also known as Zhipu AI, closed at HK$793 on Friday, down 73 per cent from its intraday high of&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/article\/3367364\/seeking-cash-ai-chinas-zai-eyes-new-us5b-fundraising-push-after-july-share-sale?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostZ.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&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/157372"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=157372"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/157372\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=157372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=157372"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=157372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}