Chinese AI firm MiniMax hits 4-week high on inclusion in stock connect program
BUZZ-Chinese AI firm MiniMax hits 4-week high on inclusion in stock connect program ** Shares of Chinese artificial intelligence model developer MiniMax Group 0100.HK jump 22.8% to HK$311.6, their highest point since July 9
** Stock on track for the biggest one-day pct gain since June 22 in the second rising session
** Top pct gainer in Hang Seng TECH Index .HSTECH, which falls 1.4%
** Shanghai Stock Exchange adds MiniMax, Luxshare 2475.HK and Chaozhou Three-circle 6951.HK to Hong Kong stock connect southbound eligible list effective August 6
** Luxshare 2475.HK rises 7.5% while Chaozhou Three-circle 6951.HK slips 3%
** Since debut on January 9, MiniMax shares have risen 88.7% from the offer price of HK$165 apiece
** Since debut on July 9, Luxshare up 0.6% from the offer price of HK$63.28 each
** Since debut on July 9, Chaozhou Three-circle up 6.9% from the HK$100.3 offer price
(Reporting by Donny Kwok)
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