Stock Track | MINIMAX-WP Soars 7.15% Intraday on Hang Seng Tech Index Inclusion Despite Copyright Lawsuit Setback

Stock Track
05/27

MINIMAX-WP's stock price surged 7.15% during intraday trading on Wednesday, extending its recent rebound trajectory. The primary catalyst for the significant upward movement is the company's confirmed inclusion in major Hong Kong indices.

The Hang Seng Index Company announced that MINIMAX-WP will be officially added to the Hang Seng Tech Index and Hang Seng Composite Index, with the change becoming effective in early June. Financial analysts estimate this inclusion could attract substantial passive fund inflows, with Bloomberg projecting up to HK$47 billion in potential southbound capital. Morgan Stanley further notes that MINIMAX and another AI firm are expected to carry a combined 5%-7% weighting in the index, corresponding to approximately US$1.25–1.75 billion in incremental passive investment.

Market sentiment appears to be front-running these anticipated fund flows, with broader AI sector enthusiasm providing additional support from rallies in U.S. AI-related equities. This positive momentum comes despite recent legal developments where MiniMax lost a bid to dismiss a copyright infringement lawsuit filed by major Hollywood studios including Disney, Universal, and Warner Bros Discovery over its Hailuo AI system.

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