Movement Alert｜MINIMAX-W Rises 4.09% in Regular Trading, Inclusion in HKEX Tech 100 Index Effective August 13

Market Focus

Aug 11

On August 11, MINIMAX-W rose 4.09% in regular trading, trading at 328.8 HKD/share, with turnover of approximately 108 million HKD.

On the news front, HKEX announced on August 10 that MINIMAX-W will be included in the HKEX Tech 100 Index and the HKEX Tech & US Tech 100 Index, effective August 13. Index inclusion is expected to attract passive allocation inflows and further enhance liquidity. Additionally, the company was formally included in the Stock Connect southbound eligible list on August 6, receiving approximately 27 billion HKD in net southbound buying on its first day. The H3 multimodal model, which was open-sourced on August 3, has been adapted by over 100 partners spanning chip manufacturers, cloud inference platforms, and AI application enterprises, accelerating ecosystem expansion. Goldman Sachs reiterated a Buy rating with an 860 HKD target price, citing Stock Connect inclusion and H3 commercialization as catalysts for second-half valuation recovery.

(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.

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