Stock Track | MINIMAX-WP Plummets 11.34% Intraday on AI Sector Weakness Following Knowledge Atlas GLM Coding Plan Issues

Stock Track

02/23

MINIMAX-WP's stock plummeted 11.34% during intraday trading on Monday, reflecting a sharp decline in early market activity.

The drop is linked to broader weakness in Hong Kong's artificial intelligence sector, triggered by an apology and compensation plan from peer company Knowledge Atlas for its GLM Coding Plan. The issues cited include insufficient transparency of rules, a slow rollout schedule for the GLM-5 model, and a poorly designed upgrade mechanism for existing users, leading to investor concerns across the AI stock group.

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