Hong Kong-listed Zhipu AI (02513.HK) shares slipped below HK$2,000, currently down more than 14%.

US equities closed mixed on Thursday: the Dow Jones Industrial Average rose 0.14%, the S&P 500 was marginally lower and the Nasdaq Composite fell 0.46%. Apple (AAPL.O) slid 6.1%, leaving its market value close to dipping below $4 trillion. Micron Technology (MU.O) jumped 15.7% and Qualcomm (QCOM.O) gained 3.7%; Microsoft (MSFT.O) dropped more than 3%. The Nasdaq Golden Dragon China Index fell 2.7%, with Alibaba (BABA.N) down 4.7%.

Barclays raised its PT on Qualcomm (QCOM.O) to $245 from $150.