Movement Alert|MINIMAX-WP Rises 3.46% in Regular Trading, Passive Fund Inflows Accelerate Ahead of Hang Seng Tech Index Inclusion

Market Focus
05/29

On May 29, MINIMAX-WP rose 3.46% in regular trading, trading at HK$860.0/share, with trading volume of HK$135 million. The stock extended its rebound trajectory as the Hang Seng Tech Index inclusion date approaches.

On the news front, Hang Seng Indexes Company previously confirmed MINIMAX-W's inclusion in the Hang Seng Tech Index, with changes set to take effect on June 8. Huatai Securities estimates the inclusion will attract approximately HK$800 million in passive fund inflows, equivalent to 66% of its recent average daily trading volume. Morgan Stanley previously projected that MiniMax and Zhipu combined could carry a 5%-7% index weighting, potentially drawing US$1.25 to US$1.75 billion in passive incremental capital.

The stock surged over 15% on May 22 when the inclusion was first announced, then oscillated at elevated levels. CICC noted that due to MiniMax's weighted voting rights structure, the company will not qualify for Stock Connect inclusion until approximately August, limiting near-term southbound capital support.

(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.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10