# China AI developer Z.AI launches $5 billion Hong Kong share and convertible bond sales

https://mins.news/en/item/54649

- Reuters, 2026-09-11 13:40 UTC
- Economy
- Original: https://www.reuters.com/world/asia-pacific/china-ai-developer-zai-launches-5-billion-hong-kong-share-convertible-bond-sales-2026-09-11/?link_source=ta_bluesky_link&taid=6aa404b951db2900010ee39c

> Beijing-based artificial intelligence company Z.AI Co Ltd launched a Hong Kong share placement worth about $2 billion alongside a roughly $3 billion convertible bond sale, according to term sheets seen by Reuters on Friday.

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