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About

About Z.ai

ZHIPU is a synthetic perpetual market on Lighter tracking Knowledge Atlas Technology JSC (Zhipu / z.ai, Hong Kong Stock Exchange: 2513), a Beijing-headquartered AI foundation model company founded in 2019, building the open-weight GLM series of LLMs. This is the same underlying asset as CoinBeaver's other-venue-listed ZHIPU perpetual, but Lighter is a separate venue with its own price, funding rate, and liquidity.

ZHIPU is listed as a Lighter synthetic perpetual market. Prices track traditional-asset exposure synthetically and do not represent ownership of the underlying shares, ETFs, commodities, or cash instruments. Educational market data only — not investment advice.

Sector tags: AI & Big Tech, China Equity.

Trading Hours

HKEX Market Hours vs Lighter 24/7 Perpetual

Comparing 2513.HK Hong Kong Stock Exchange session hours with continuous crypto trading

HKEX Spot Market (2513.HK)HKEX Market Closed (reopens in 41m)
Morning Session
09:30 – 12:00 HKT
Lunch Break
12:00 – 13:00 HKT (Closed)
Afternoon Session
13:00 – 16:00 HKT
Trading Days
Mon – Fri (Closed Weekends & Holidays)
Settlement Rule
T+2 Settlement
Lighter PerpetualOpen 24/7/365
Trading Hours
Continuous 24 Hours / Day
Lunch Break
None (No Midday Pause)
Weekend Trading
Active 24/7 (No Weekend Shutdown)
Trading Schedule
Monday – Sunday 365 Days
Settlement Rule
T+0 Instant Execution & Hedging
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