Minimax Group Inc. emerged as the most favored Hong Kong stock among mainland investors last month, reflecting their strong investment enthusiasm for China's new-generation AI model developers. In August, mainland investors purchased HKD 10.6 billion worth of Minimax shares through the Stock Connect, surpassing the amounts for Alibaba and Tencent Holdings. Since its inclusion in the Stock Connect on August 6, southbound investors have accumulated a 9.7% stake in this AI startup.
