Minimax surpasses alibaba and tencent in hong kong stock connect investments

Mainland investors have shown unprecedented enthusiasm for Minimax Group Inc., a leading Chinese artificial intelligence company, through the Hong Kong Stock Connect channel. In August 2026, mainland investors purchased Minimax shares worth 10.6 billion Hong Kong dollars, surpassing the same period investments in Alibaba and Tencent Holdings. Minimax was added to the Hong Kong Stock Connect list on August 6, 2026, and as of now, mainland investors hold 9.7% of the company's shares. This significant capital inflow highlights the market's confidence in the commercial potential of large models and the growth prospects of emerging AI unicorns. The company's performance has positioned it as a top choice among mainland investors in the Hong Kong stock market.