Movement Alert｜MINIMAX-WP Falls 3.45% in Regular Trading, Excluded from Stock Connect Amid Looming Share Unlock Pressure

Market Focus

Jun 11

On June 11, MINIMAX-WP declined 3.45% in regular trading, trading at 448.0 HKD/share, with trading volume of approximately 53.60 million HKD.

On the news front, although MINIMAX has been officially included in the Hang Seng Tech Index, its weighted voting rights (WVR) structure means it cannot be added to Stock Connect until August at the earliest, preventing it from accessing mainland capital inflows. This stands in stark contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted significant southbound fund flows, creating a notable capital diversion effect.

Additionally, the company currently has a true free float of less than 6%. Approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. Market concerns over the potential supply-side shock from these investors seeking exits continue to weigh on the stock price.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/1105047985"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1105047985\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1105047985?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 09:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105047985","market":"us","top_or_hot":-1,"title":"Movement Alert｜MINIMAX-WP Falls 3.45% in Regular Trading, Excluded from Stock Connect Amid Looming Share Unlock Pressure","media":"Market Focus","content":"<p><p>On June 11, MINIMAX-WP declined 3.45% in regular trading, trading at 448.0 HKD/share, with trading volume of approximately 53.60 million HKD.</p><p>On the news front, although MINIMAX has been officially included in the Hang Seng Tech Index, its weighted voting rights (WVR) structure means it cannot be added to Stock Connect until August at the earliest, preventing it from accessing mainland capital inflows. This stands in stark contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted significant southbound fund flows, creating a notable capital diversion effect.</p><p>Additionally, the company currently has a true free float of less than 6%. Approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. Market concerns over the potential supply-side shock from these investors seeking exits continue to weigh on the stock price.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜MINIMAX-WP Falls 3.45% in Regular Trading, Excluded from Stock Connect Amid Looming Share Unlock Pressure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜MINIMAX-WP Falls 3.45% in Regular Trading, Excluded from Stock Connect Amid Looming Share Unlock Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-11 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 11, MINIMAX-WP declined 3.45% in regular trading, trading at 448.0 HKD/share, with trading volume of approximately 53.60 million HKD.</p><p>On the news front, although MINIMAX has been officially included in the Hang Seng Tech Index, its weighted voting rights (WVR) structure means it cannot be added to Stock Connect until August at the earliest, preventing it from accessing mainland capital inflows. This stands in stark contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted significant southbound fund flows, creating a notable capital diversion effect.</p><p>Additionally, the company currently has a true free float of less than 6%. Approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. Market concerns over the potential supply-side shock from these investors seeking exits continue to weigh on the stock price.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00100","symbol_name":"MINIMAX-W","start_time":0,"source_url":"","article_id":"1105047985","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105047985","pubTimestamp":1781142487,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 11, MINIMAX-WP declined 3.45% in regular trading, trading at 448.0 HKD/share, with trading volume of approximately 53.60 million HKD.On the news front, although MINIMAX has been officially...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00100":"MINIMAX-W"},"translate_title":"异动提示|MINIMAX-WP常规交易跌3.45%股份解锁压力隐现被剔除沪股通","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00100":1},"content_text":"On June 11, MINIMAX-WP declined 3.45% in regular trading, trading at 448.0 HKD/share, with trading volume of approximately 53.60 million HKD.On the news front, although MINIMAX has been officially included in the Hang Seng Tech Index, its weighted voting rights (WVR) structure means it cannot be added to Stock Connect until August at the earliest, preventing it from accessing mainland capital inflows. This stands in stark contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted significant southbound fund flows, creating a notable capital diversion effect.Additionally, the company currently has a true free float of less than 6%. Approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. Market concerns over the potential supply-side shock from these investors seeking exits continue to weigh on the stock price.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}