Hong Kong stocks opened, with large model giants Zhipu and MINIMAX both falling over 5%.
Large model giants Zhipu and MINIMAX both falling over 5%.
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Zhipu AI and MINIMAX-W both saw sharp adjustments, with the Hang Seng Tech Index’s decline widening to 2%.
The Hang Seng Tech Index’s decline widening to 2%.
Hong Kong-listed robotics stocks rose amid fluctuations, with Geek+ up nearly 5%.
Fluctuations, with Geek+ up nearly 5%.
Hong Kong-listed smart driving concept stocks rallied, with Youjia Innovation surging over 10%.
Youjia Innovation surging over 10%.
Hong Kong-listed AI stocks are rallying, with MINIMAX rising more than 8% and Xunce gaining over 7%.
MINIMAX rising more than 8% and Xunce gaining over 7%.
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Charles Hoskinson Has a Theory for AI Outage Affecting ChatGPT, Claude and Grok.
Hong Kong-listed Shein drops over 10% on its third day of trading.
Its third day of trading.
Hang Seng Indexes Company: Shein will be fast-tracked for inclusion in the Hang Seng Composite Index.
Shein will be fast-tracked for inclusion in the Hang Seng Composite Index.
Hong Kong stocks closed, with the Hang Seng Tech Index down nearly 1.5% and MINIMAX falling nearly 4.2%.
The Hang Seng Tech Index down nearly 1.5% and MINIMAX falling nearly 4.2%.
Trade.xyz accurately priced SHEIN once again: Yesterday, SHEIN suffered a 15% flash crash, leading to its pre-pricing being below the issue price, and the final pre-market price was roughly equivalent to the post-opening level.
Yesterday, SHEIN suffered a 15% flash crash, leading to its pre-pricing being below the issue price, and the final pr….
Shein drops over 9% on its debut trading day, currently trading at HK$44.02
Its debut trading day, currently trading at HK$44.02.
Shein opened flat on its first day of trading, currently trading at HK$48.56.
Its first day of trading, currently trading at HK$48.56.
Shein-W: Final offer price per share is HK$48.56
Final offer price per share is HK$48.56.
Hong Kong's Hang Seng Tech Index turned positive in afternoon trading, with MINIMAX surging more than 17%.
MINIMAX surging more than 17%.
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Hong Kong-listed "two giants of large models" rally, Zhipu AI surges over 8% at one point.
Hong Kong-listed "two giants of large models" rally, Zhipu AI surges over 8% at one point.
US Department of Justice cracks bank loan fraud case: suspect forged income documents to defraud loans of $10 million and was sentenced
Suspect forged income documents to defraud loans of $10 million and was sentenced.
MiniMax: MiniMax M3Pro's parameter scale is expected to increase to about 3T in the future
MiniMax M3Pro's parameter scale is expected to increase to about 3T in the future.
MINIMAX: H1 revenue was US$117 million, up 283.1% year-on-year
H1 revenue was US$117 million, up 283.1% year-on-year.