MiniMax Group is trading at HK$273.40, with a -4.54% change, amid a sector-wide sell-off in Hong Kong-listed Chinese AI stocks following data-privacy concerns involving rival Z.AI.
- The controversy has raised fears of broader regulatory scrutiny and risks to user confidence across the sector.
- Coverage explicitly linked MiniMax’s weakness to the controversy; no new company-specific announcement was identified for September 23, 2026.
- Shares also fell 3.89% on September 22.