Zhipu Founder Accused of Involvement in Spy Agency-Funded Research as Shares Plunge
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On 21 October 2026, Ming Pao Daily News cited a Bloomberg report saying Zhipu (2513) founder was involved in research funded by a Chinese research institution that the UK government accuses of being "very closely related" to China's main spy agency. The report said Zhipu shares plunged more than 6 per cent on Tuesday, falling below $500 to close at $484.8. The matter is currently limited to the report's contents, with no response from Zhipu or other subsequent developments seen.
Generated by AI from reporting · updated 2 hours ago
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- 明報·每日經濟Zhipu Founder Accused of Involvement in Research Funded by Spy Agency as Shares Plunge 6%
Bloomberg reported that the founder of Zhipu (2513) took part in research funded by a Chinese research institution that the UK government accuses of being "very closely linked" to China's main spy agency. Zhipu plunged more than 6% on Tuesday, falling below $500 to close at $484.8.
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