MINIMAX-W (00100) surged 7.74% during intraday trading on Wednesday, as the "first Hong Kong-listed large model stock" rode a wave of positive catalysts including a landmark strategic investment and key index inclusion.

The rally was fueled by the company's first direct investment in a Hong Kong-listed computing infrastructure enterprise, participating as a potential strategic party in the placement of ENVISION GREEN (01783.HK). This move marks a strategic extension from computing power procurement toward upstream industrial chain positioning, signaling MINIMAX-W's deep commitment to securing its compute supply chain.

Adding to the momentum, HKEX announced that MINIMAX-W will be included in the HKEX Tech 100 Index and the HKEX Tech & US Tech 100 Index after market close on August 12, effective from August 13. The index inclusion is expected to attract passive allocation capital inflows and further enhance liquidity. The company was also formally included in Stock Connect on August 6, receiving approximately HKD 2.7 billion in net southbound purchases on its first day of eligibility, providing additional buying support.