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Real-time News
On September 13, Iranian Foreign Minister Araqchi stated in an interview that the meeting to be held in Oman on the 14th will focus on a new maritime passage through the Strait of Hormuz. Iran will present details of the agreement reached between Iran and Oman, as well as a map of the new passage, to the participating countries. Araqchi emphasized that the agreement reached between Iran and Oman does not mean the Strait of Hormuz will be reopened. The prerequisite for Iran to reopen the strait is that the United States fulfills its commitments made in the Islamabad Memorandum of Understanding.Iranian Foreign Ministry: Iranian Foreign Minister meets with Cuban Foreign Minister.Lithuanias National Crisis Management Center: Lithuania closes Vilnius Airport; NATO scrambles fighter jets after suspected drones were spotted in Lithuanian airspace.On September 13th, according to an announcement from the Hong Kong Stock Exchange, Zhipu (02513.HK) announced the completion of a financing round of approximately US$5 billion, including a share placement of approximately US$2 billion and a convertible bond issuance of approximately US$3 billion. This financing will primarily be used for next-generation GLM models, a fully self-training system, and related computing infrastructure. According to the announcement, the share placement price was HK$714 per share, representing a discount of approximately 9.96% to the closing price before the announcement. The placed shares represent approximately 4.50% of the enlarged issued share capital. The convertible bonds have a zero-coupon structure, with an issue price of 100.5% of the principal and redemption at maturity. The initial conversion price is HK$892.50 per share, a premium of 25% over the placement price and approximately 12.55% over the closing price before the announcement. The combination of zero-coupon issuance and a premium issuance is a significant signal of this round of financing. With a clearer R&D budget and funding arrangements, Zhipus capital base for continuing training experiments, advancing model iteration, and improving its computing system has been strengthened, increasing its competitiveness in the next stage of global cutting-edge model competition.Iraqs State Oil Marketing Organization (SOMO) announced that Iraq will set the official selling price for its October Basra medium crude oil at a premium of $4.10 over Argus sour crude oil to North and South America.
