Hong Kong AI Stocks Zhipu and MiniMax-W Plunge as Tech Index Slumps
Hong Kong-listed AI model concept stocks fell sharply on March 23, with Zhipu (智谱) dropping over 10% and MINIMAX-W declining more than 5%. The declines occurred as the Hang Seng Tech Index continued its afternoon slump. Multiple reports from East Money, Jiemian News, and other sources confirmed the sell-off, though no specific reasons for the broad decline in the AI sector were provided.
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Hong Kong AI Model Concept Stocks Fall; Zhipu Drops Over 10%, MiniMax-W Down 5%
Hong Kong-listed stocks related to large AI models continued to decline, with Zhipu (智谱) falling over 10% and MINIMAX-W dropping more than 5%, according to a report from East Money citing Jiemian News. The brief market update indicates a broad sell-off in the AI model concept sector in Hong Kong trading, though no specific reasons for the decline were provided in the source text. The report is attributed to Jiemian News and published on East Money's company news channel.
Read sourceHang Seng Tech Index Continues Slump; Zhipu AI Shares Drop 10% in Afternoon Trading
On the afternoon of September 23, the Hang Seng Tech Index continued its downward trend, with shares of Zhipu (智谱) falling by as much as 10% and MINIMAX-W dropping over 5%. The report, sourced from the National Business Daily and published on East Money's company news channel, indicates a broad sell-off in Hong Kong-listed technology stocks. No specific reasons for the declines were provided in the brief update.
Read sourceHong Kong AI Model Concept Stocks Continue to Fall; Zhipu Drops Over 10%
Hong Kong-listed stocks related to large AI models continued their downward trend, with Zhipu (智谱) falling over 10% and MINIMAX-W dropping more than 5%. The report from stockstar_stock_live indicates ongoing selling pressure in the AI model concept sector, though no specific reasons for the decline are provided in the brief update.
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Hong Kong AI Model Stocks 'Dual Titans' Plunge; Zhipu Down 10%, MiniMax Down 5%
On March 23, Hong Kong's Hang Seng Tech Index continued its afternoon slump. Shares of AI model company Zhipu (智谱) extended losses to 10%, while MINIMAX-W fell over 5%. The report, sourced from Zhongxin Jingwei (中新经纬) and published on East Money's corporate news channel, highlights a sharp sell-off in two prominent Chinese AI model developers listed in Hong Kong, reflecting broader weakness in the tech sector.
Read sourceHang Seng Tech Index Continues Decline; Zhipu Drops 10%, MINIMAX-W Falls Over 5%
The Hang Seng Tech Index continued its downward trend in the afternoon session, according to a report from East Money News. Among the index constituents, AI company Zhipu saw its stock price decline by 10%, while MINIMAX-W fell by more than 5%. The report provides a snapshot of ongoing weakness in the technology sector of the Hong Kong stock market, with no specific reasons or forecasts attributed to the movements.
Read sourceZhipu Stock Drops 10% as Hang Seng Tech Index Weakens in Afternoon Trading
According to a report from First Financial, cited by East Money's company news section, the stock of Chinese AI company Zhipu (智谱) extended its decline to 10% during afternoon trading on the Hong Kong stock market. The broader Hang Seng Tech Index remained sluggish in the afternoon session. Additionally, shares of MINIMAX-W fell by more than 5%. The brief market update provides a snapshot of intraday performance for these tech-related stocks, with no further context or analysis provided regarding the reasons for the declines.
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