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South China Morning Post·3 min read·medium

Zhipu AI, MiniMax shares to provide gut check for Hong Kong investors as lock-ups end

Z
Zoe SL Chan
Zhipu AI, MiniMax shares to provide gut check for Hong Kong investors as lock-ups end
AI Summary

Hong Kong's stock market faces potential sell-off pressure as lock-up periods for major AI and semiconductor firms like Zhipu AI and MiniMax expire. Analysts warn that the release of millions of shares, combined with potential secondary offerings, could drain market liquidity.

Hong Kong’s stock market could face sell-off pressure amid a torrent of new share supply in coming days as the six-month lock-up period ends for hot artificial intelligence and semiconductor picks including Zhipu AI and MiniMax.

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