Stock Track | MINIMAX-WP Plummets 5% Intraday on Stock Connect Exclusion and Share Unlock Concerns

Stock Track

Jun 11

MINIMAX-WP's stock plummeted 5.00% during intraday trading on Thursday, reflecting significant investor concerns about the company's near-term prospects.

The decline comes as MINIMAX-WP faces exclusion from the Stock Connect program until August at the earliest due to its weighted voting rights structure, preventing access to mainland capital inflows. This stands in contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted substantial southbound fund flows, creating a capital diversion effect.

Additionally, market sentiment is weighed down by concerns over an upcoming share unlock. With a true free float of less than 6%, approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. This has raised fears of a potential supply-side shock as these investors may seek exits.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/1115993580"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1115993580\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1115993580?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 10:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1115993580","market":"nz","top_or_hot":-1,"title":"Stock Track | MINIMAX-WP Plummets 5% Intraday on Stock Connect Exclusion and Share Unlock Concerns","media":"Stock Track","content":"<p>MINIMAX-WP's stock plummeted 5.00% during intraday trading on Thursday, reflecting significant investor concerns about the company's near-term prospects.</p><p>The decline comes as MINIMAX-WP faces exclusion from the Stock Connect program until August at the earliest due to its weighted voting rights structure, preventing access to mainland capital inflows. This stands in contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted substantial southbound fund flows, creating a capital diversion effect.</p><p>Additionally, market sentiment is weighed down by concerns over an upcoming share unlock. With a true free float of less than 6%, approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. This has raised fears of a potential supply-side shock as these investors may seek exits.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | MINIMAX-WP Plummets 5% Intraday on Stock Connect Exclusion and Share Unlock Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | MINIMAX-WP Plummets 5% Intraday on Stock Connect Exclusion and Share Unlock Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-06-11 10:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MINIMAX-WP's stock plummeted 5.00% during intraday trading on Thursday, reflecting significant investor concerns about the company's near-term prospects.</p><p>The decline comes as MINIMAX-WP faces exclusion from the Stock Connect program until August at the earliest due to its weighted voting rights structure, preventing access to mainland capital inflows. This stands in contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted substantial southbound fund flows, creating a capital diversion effect.</p><p>Additionally, market sentiment is weighed down by concerns over an upcoming share unlock. With a true free float of less than 6%, approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. This has raised fears of a potential supply-side shock as these investors may seek exits.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00100","symbol_name":"MINIMAX-W","start_time":0,"source_url":"","article_id":"1115993580","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1115993580","pubTimestamp":1781144952,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"MINIMAX-WP's stock plummeted 5.00% during intraday trading on Thursday, reflecting significant investor concerns about the company's near-term prospects.The decline comes as MINIMAX-WP faces...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00100":"MINIMAX-W"},"translate_title":"个股追踪|MINIMAX-WP盘中暴跌5%沪深股通排除及股份解锁担忧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00100":1},"content_text":"MINIMAX-WP's stock plummeted 5.00% during intraday trading on Thursday, reflecting significant investor concerns about the company's near-term prospects.The decline comes as MINIMAX-WP faces exclusion from the Stock Connect program until August at the earliest due to its weighted voting rights structure, preventing access to mainland capital inflows. This stands in contrast to peer Zhipu, which is already eligible for Stock Connect trading and has attracted substantial southbound fund flows, creating a capital diversion effect.Additionally, market sentiment is weighed down by concerns over an upcoming share unlock. With a true free float of less than 6%, approximately 34.25% of shares are set to be unlocked on July 9, with financial investors holding over one-third of that portion. This has raised fears of a potential supply-side shock as these investors may seek exits.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}