Public markets in Hong Kong served as the vehicle for Z.ai to expand its balance sheet through a multibillion dollar share issuance. The company raised approximately $2 billion and offered convertible bonds as part of the transaction to increase its available liquid capital.

Trading in the EMXETF China AI Tigers LLM ETF ($TGRZ) surpassed 260,000 shares since the fund's inception. Daily volume for the instrument peaked at 64,300 shares on Aug. 26 and decreased to 9,265 shares on Sep. 10.