MiniMax Group is trading at HK$149.80, down 11.99%, amid a broader retreat in AI-related stocks as investors weigh tighter scrutiny of data-center construction, infrastructure spending, and financing on November 6, 2026. - No clear company-specific announcement explaining the drop was identified. - Reuters reported on November 5 that these concerns pressured technology and AI shares after the U.S. midterm elections, amid worries data-center projects could face delays.