On June 25, MINIMAX-WP rose 3.94% in regular trading, trading at 480.2 HKD/share, with turnover of approximately 80.53 million HKD. The rebound comes after the stock suffered a cumulative decline exceeding 20% over the prior two consecutive trading sessions.

On the news front, the company announced a partnership with Intel to jointly promote an AI Home Brain ecosystem, with its full-modal models set to explore related implementation scenarios. The collaboration leverages MiniMax's technological capabilities in multi-modal AI to co-build a smart home ecosystem with Intel and other industry partners.

Additionally, oversold conditions following the steep two-day decline generated strong technical demand for a rebound. Two major strategic shareholders, Alibaba and Miha You, publicly affirmed their long-term commitment to the company and stated they will not reduce holdings, providing further sentiment repair. However, the upcoming July 9 large-scale lock-up expiry remains an overhang, with unlocked shares representing approximately 46% to 63% of outstanding Hong Kong-listed shares, while the current free float stands at only about 5%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)