🔴 Z.AI is trading 6.47% down amid reported data-security probes into Chinese AI peers

Z.AI is trading 6.47% lower at HK$535.00 as reports of Chinese regulatory data-security probes into AI peers weigh on the sector.

• Reporting linked the probes to DeepSeek and Moonshot AI; no Z.AI-specific probe or other company-specific catalyst was confirmed.
• Hotter-than-expected U.S. inflation also pressured technology and growth stocks, adding to the negative backdrop.