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.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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