MiniMax Group is trading 10.14% down at HK$312.00 after a sharp reversal from its HK$347.20 close on August 21 amid a broader Hong Kong technology-stock selloff.
- Hong Kong stocks broadly weakened on August 24: the Hang Seng Index fell 1.71% and the Hang Seng Tech Index declined 2.84%, while several technology names also fell.
- No clear MiniMax-specific announcement explaining the decline was identified.
- Interim results are scheduled for August 26.