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AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near

Shares in the Hong Kong-listed Chinese AI developers have fallen by roughly half in two weeks, exposing the risks of thin liquidity and elevated valuations

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caixinglobal.comStai leggendo5 g fa

AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near

Zhipu AI and MiniMax fell 45% and 53% respectively ahead of early-July lock-up expirations for cornerstone investors. The correction reflects unwinding of initial investor positions amid capital rotation toward established mega-cap tech platforms.

originale

scmp.com8 g fa

Zhipu vs MiniMax: what’s driving the widening valuation gap in Hong Kong

Zhipu’s valuation now eclipses MiniMax, but looming lock-up tests may unleash volatility in Hong Kong’s AI stocks, analysts say.

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Timeline cronologica

martedì 9 giugno 2026·scmp.com
Zhipu vs MiniMax: what’s driving the widening valuation gap in Hong Kong
Zhipu’s valuation now eclipses MiniMax, but looming lock-up tests may unleash volatility in Hong Kong’s AI stocks, analysts say.
martedì 9 giugno 2026·caixinglobal.com
Chinese Tech Insiders Cash Out After AI Stock Rally
Executives and major funds are selling shares in semiconductor and optical-communications companies after steep gains fueled by investor enthusiasm for artificial intelligence

AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near

Zhipu vs MiniMax: what’s driving the widening valuation gap in Hong Kong

Timeline cronologica

Zhipu vs MiniMax: what’s driving the widening valuation gap in Hong Kong

Chinese Tech Insiders Cash Out After AI Stock Rally

AI Stocks Zhipu, MiniMax Slide as Lock-Up Expirations Near