On July 15, MINIMAX-WP rose 5.22% in regular trading, trading at 238.4 HKD/share, with turnover of approximately 61.79 million HKD.

The rebound follows the formal completion of the company's placement of 35.6 million new A-class shares on July 14, which eliminated near-term financing uncertainty. The stock had been under sustained pressure since July 9, when approximately 48.9% of restricted shares were unlocked — triggering an 18% single-day plunge — followed by the July 10 announcement of a 9.89% discounted placement at 268 HKD per share alongside 6.5 billion HKD in zero-coupon convertible bonds, totaling approximately 16 billion HKD in fundraising. The combined impact of unlock-driven selling and dilution concerns pushed shares down from around 346 HKD. With the placement now settled and dilution impact largely priced in, short-term selling pressure has eased, prompting a technical recovery.

(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.)