MiniMax Shares Surge After Joining Hong Kong Stock Connect
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Chinese AI model developer MiniMax’s stock rose as much as 22.8% on Thursday after getting added to a program linking the Hong Kong and Chinese mainland stock markets. Photo: VCG
Shares of Chinese artificial intelligence (AI) specialist MiniMax surged Thursday after the company was added to a program linking Hong Kong and Chinese mainland stock markets.
The stock jumped as much as 22.8% to HK$311.60 ($39.73) during trading the day, pushing the company’s market capitalization back above HK$100 billion. With the addition, Hong Kong-listed MiniMax joins Luxshare Precision Industry Co. Ltd. and Chaozhou Three-Circle Group Co. Ltd. as the latest mainland companies to be included in the channel.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and Bloomberg - for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
Sign in with Google
Sign in with Facebook
Sign in with 财新