HK Stock Market Move | ZHIHU-W (02390) rose over 11%, planning to invest 1.5 billion yuan to subscribe for limited partnership equity in a fund, actively promoting synergy in existing AI-related businesses.

ZHIHU-W (02390) surged over 11% in the late trading session, rising 11.17% to HKD 7.515 as of the time of this report, with a transaction volume of HKD 418,900. In terms of news, ZHIHU-W announced that on September 4, 2026 (after the trading session on the Hong Kong Stock Exchange), the subscriber Beijing Zhizhe Tansuo Technology Co., Ltd. (a wholly-owned subsidiary of the company) entered into a subscription agreement with general partners and fund managers, whereby the subscriber agrees to subscribe for limited partnership interests in the fund at a capital commitment of RMB 1.5 billion and to enter into a partnership agreement for the fund. All of the above actions are subject to approval of the subscription matter by shareholders at a special general meeting. The announcement stated that the fund's investment strategy has certain potential synergies with the company's existing artificial intelligence-related business. Specifically, investments in foundational models and the field of AI applications will help the company further understand the development of large model technology, product forms, and application scenarios, and may provide potential technical applications or business cooperation opportunities in areas such as Zhihu's direct answers, expert data solutions, and AI-related content and IP development. At the same time, investments in AI infrastructure and related fields such as Siasun Robot & Automation will also help the company deepen its understanding of the AI industry chain and cutting-edge technology trends.