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MINIMAX-W (00100.HK) Slumps 13%; Z.AI (02513.HK) Falls Nearly 5% as Moonshot AI Launches Kimi K3.1 Pro, Most Powerful 3-Trillion-Parameter Model
2026-10-26 10:48:50
Hong Kong's two major AI large model stocks came under significant pressure this morning (26th). MINIMAX-W (00100.HK) opened down 1.8% before losses widened sharply. The stock again fell below its IPO price of HKD165, hitting a low of HKD160.6, and was last reported at HKD162.6, down 13.33%. Turnover amounted to HKD1.315 billion. Z.AI (02513.HK) fell 4.73% to HKD475.4, with turnover of HKD1.018 billion.

Moonshot AI announced the official launch of Kimi K3.1 Pro, the first model in the K3.1 series and the company's most capable 3-trillion-parameter model to date, supporting 1 million tokens of context. Kimi K3.1 Pro showed particularly notable improvements in coding, 3D creation, financial research and other long-context agent capabilities. (ha/da)~

AASTOCKS Financial News
Website: www.aastocks.com

This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.