🟢 MiniMax Group is trading 5% up today after four consecutive declines

MiniMax Group is trading at HK$247.20, up 5.37%, rebounding after four consecutive sessions of declines.

• The broader selloff reflected concern that DeepSeek’s lower DS V4 Flash pricing could intensify competition for Chinese AI-model companies; MiniMax previously fell alongside Z.AI.
• Shareholders approved supplemental Alibaba Cloud agreements and capital mandates on September 15, but available reporting does not establish this as the direct cause of the September 16 rebound.