Hong Kong AI Model Stocks Rebound in Afternoon; Zhipu, MiniMax Gain 7%

The rebound is notable less for the size of the gain than for what it says about how thin the AI-model listings' trading base still is: a single afternoon swing of this kind suggests sentiment, not fundamentals, is setting the tone. It matters most for holders of these newly listed names, where intraday reversals can amplify moves in either direction. Whether such afternoon recoveries become a pattern or remain one-off is the open question, and it bears watching alongside any broader shift in appetite for Chinese AI exposure.