Movement Alert|MINIMAX-W Rises 3.17% in Regular Trading, First Direct Investment in HK Computing Infrastructure Combined with Imminent Tech 100 Index Inclusion

Market Focus
Aug 12

On August 12, MINIMAX-W rose 3.17% in regular trading, trading at 340.4 HKD/share, with turnover of HKD 152 million.

On the news front, the company made its first direct investment in a Hong Kong-listed computing infrastructure enterprise, participating as a potential strategic party in the placement of Jinjing New Energy (01783.HK). This marks a strategic extension from computing power procurement toward upstream industrial chain positioning. Previously, MiniMax had only subscribed to NEEQ-listed Lanyun Technology via a private placement, making this Hong Kong direct investment a landmark move.

Simultaneously, HKEX announced that MINIMAX-W will be included in the HKEX Tech 100 Index and the HKEX Tech & US Tech 100 Index after market close on August 12, effective from August 13. The index inclusion is expected to attract passive allocation capital inflows and further enhance liquidity. The company was also formally included in Stock Connect on August 6, receiving approximately HKD 2.7 billion in net southbound purchases on its first day of eligibility.

(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.)

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