MiniMax Group is trading 4.36% down now at HK$263 as privacy and data-security concerns drive selling across Hong Kong-listed Chinese AI stocks.
- The concerns involve rival Z.AI.
- Reports that Chinese regulators are probing DeepSeek and Moonshot AI intensified fears of broader industry scrutiny and weaker user confidence.
- MiniMax was reportedly among the affected AI names, making the decline primarily sector-driven.