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- Hong Kong AI model stocks slide, with Zhipu and MiniMax each down more than 10%
Hong Kong-listed large-model stocks fell on October 15, with Zhipu and MiniMax each dropping more than 10%, according to 36Kr Express. At the close, the Hang Seng Index was down 1.03% and the Hang Seng Tech Index 2.72%, led by semiconductors: Montage Technology fell over 11% and NOVOSENSE over 8%, while hardware names such as YOFC dropped more than 13%. The closing report put Lenovo Group down over 14%, MiniMax over 12% and Zhipu over 10%, while consumer and banking shares gained, with ICBC, China Construction Bank and JD Health up more than 1%, and southbound flows recording net selling of HK$5.08 billion.
36氪快讯 · 🔥 0 - Hong Kong stocks fall; Hang Seng Tech drops 2.89% as MiniMax, Zhipu slide
Hong Kong shares closed lower on October 8, with the Hang Seng Index down 1.43% and the Hang Seng Tech Index down 2.89%. Semiconductors led the decline: Biren Technology fell more than 11%, Hua Hong Semiconductor more than 9%, and SMIC and Montage Technology more than 6%, while AI model names MiniMax-W dropped over 13% and Zhipu over 7%. Coal and oil/petrochemical shares gained, and southbound flows recorded a net buy of HK$6.477 billion.
36氪快讯 · 🔥 0
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