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AI Stock MiniMax Surges 13.3% in Hong Kong Afternoon Trading; Hang Seng Up 0.1%

Stocks AI Industry News

2026-08-05 05:38:09

MINIMAX GROUP-6.51%

SMIC-2.92%

HK500.93%

On August 5, MiniMax (00100), an AI-focused technology stock, surged 13.3% to HK$260.8 in afternoon trading on the Hong Kong Stock Exchange. As of 1:23 p.m., the Hang Seng Index climbed 16 points, or 0.1%, to 25,869 points. Chip stocks also rallied, with SMIC up 5.1% and Huahong Semiconductor gaining 8.1%. Among major tech names, Alibaba rose 2.1% to HK$128.5 and Tencent gained 1.2% to HK$493.4, while Meituan declined 0.2%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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In-Depth Analysis

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