Cointime

Download App
iOS & Android

MiniMax to Be Included in HKEX Tech 100 Index Today; Hong Kong AI Stocks Surge

On August 12, according to Bitget market data, Hong Kong AI stocks strengthened in early trading, with Zhipu and MiniMax both rising nearly 7% and 5%, respectively. Haizhi Technology Group surged 12.50%, Zhongke Wenge rose 4.74%, and Biren Technology climbed 4.76%. Earlier, the Hong Kong Stock Exchange announced that MiniMax has met the fast-entry rules for the HKEX Tech 100 Index and will be added to the HKEX Tech 100 Index and the HKEX Tech & US Tech 100 Index after market close today, becoming effective from August 13, 2026.

Comments

All Comments

Recommended for you

  • BOJ Deputy Governor: Multiple Factors Will Guide Rate Hike Decisions

    Bank of Japan Deputy Governor Masayoshi Amamiya stated that the BOJ will consider scenarios and risks such as the Middle East conflict, demand for artificial intelligence, and foreign exchange impacts to determine the pace and timing of future interest rate hikes.
  • BOJ Deputy Governor: Multiple Factors Will Influence Interest Rate Hike Decisions

    Bank of Japan Deputy Governor Masayoshi Amamiya stated that the Bank of Japan will consider scenarios and risks such as the Middle East conflict, demand for artificial intelligence, and foreign exchange impacts to determine the pace and timing of future interest rate hikes.
  • DeepSeek Plans to Raise $7.4 Billion, Valuation Reaches $74 Billion

    According to foreign media reports, DeepSeek is set to secure a new round of financing that will elevate the company's valuation to $74 billion. Insiders reveal that DeepSeek is seeking to raise $7.4 billion to support research and development as well as expand its computing infrastructure. This financing round indicates a further increase in valuation compared to the previous round in June. Reports previously indicated that investors, including Tencent, valued DeepSeek at over $50 billion at that time. In the latest financing round, existing shareholders including investment firms Lisi Capital and Shixiang Capital, as well as CATL, will inject new funds into the company. In the previous financing round, DeepSeek required most investors to invest through a limited partnership managed by Liang Wenfeng, but it is reported that in the latest round, the company will allow more investors to invest directly. Sources familiar with DeepSeek's financial situation revealed that the company's annual recurring revenue (ARR) has reached $500 million.
  • DeepSeek Plans to Raise $7.4 Billion, Valuation Reaches $74 Billion

    According to foreign media reports, DeepSeek is set to secure a new round of financing that will raise the company's valuation to $74 billion. Sources indicate that DeepSeek is seeking $7.4 billion in funding to support research and development as well as to expand its computing infrastructure. This financing round signifies an increase in valuation compared to the previous round in June. Reports previously indicated that investors, including Tencent, valued DeepSeek at over $50 billion at that time. In the latest financing round, existing shareholders, including investment firms Lisi Capital and Shixiang Capital, as well as CATL, will inject new funds into the company. In the previous financing round, DeepSeek required most investors to invest through a limited partnership managed by Liang Wenfeng, but it is reported that in the latest round, the company will allow more investors to invest directly. Individuals familiar with DeepSeek's financial status revealed that the company's annual recurring revenue (ARR) has reached $500 million.
  • Anthropic's Off-Market Valuation Reaches $1.974 Trillion

    On August 27, HIP-3 market deployer Entropy launched the Anthropic Pre-IPO market on Hyperliquid. ANTH has dropped 2.22% in the last 24 hours, currently priced at $1,974, with a 24-hour trading volume of $19.88 million and contract positions totaling $3.44 million.
  • Anthropic's Off-Exchange Market Cap Reaches $1.974 Trillion

    On August 27, HIP-3 market deployer Entropy launched the Anthropic Pre-IPO market on Hyperliquid. ANTH has decreased by 2.22% in the last 24 hours, currently priced at $1,974, with a 24-hour trading volume of $19.88 million and a contract open interest of $3.44 million.
  • Alibaba Cloud: Qwen3.8-Flash Model Pricing Adjusted

    On August 27, Alibaba Cloud announced that its large model service platform, Bai Lian, will adjust the pricing for the Qwen3.8-Flash model starting at 12:00 PM Beijing time on August 27, 2026. The Qwen3.8-Flash is the latest multimodal large model from Qianwen, natively supporting a context window of millions, capable of processing long documents, code repositories, and complex dialogues in one go. It excels in scenarios such as programming assistance, agent collaboration, and image-text understanding, and is compatible with OpenAI and Anthropic interface protocols, making it suitable for building high-concurrency applications and intelligent workflows. Specifically, the input price will change from 1 yuan to 0.8 yuan, and the output price will change from 3 yuan to 2.7 yuan.
  • Alibaba Cloud: Qwen3.8-Flash Model Pricing Adjustment

    On August 27, Alibaba Cloud announced that its large model service platform, Bailian, will reduce the billing unit price for the Qwen3.8-Flash model starting at 12:00 PM Beijing time on August 27, 2026. Qwen3.8-Flash is the latest multimodal large model launched by Qianwen, natively supporting a million-level context window, capable of processing long documents, code repositories, and complex dialogues in one go. It excels in scenarios such as programming assistance, agent collaboration, and image-text understanding, and is compatible with OpenAI and Anthropic interface protocols, making it suitable for building high-concurrency applications and intelligent workflows. The specific adjustments are as follows: input price reduced from 1 yuan to 0.8 yuan; output price reduced from 3 yuan to 2.7 yuan.
  • US Spot BTC ETF Sees Net Inflow of $1.192 Billion Over Four Trading Days

    On August 27, it was reported that over the past four trading days, the US spot BTC ETF has experienced a continuous inflow of funds, totaling $1.192 billion. The largest inflow was into IBIT, amounting to $933 million, followed by FBTC with an inflow of $176 million.
  • US Spot BTC ETF Sees $1.192 Billion Net Inflow Over Four Trading Days

    On August 27, it was reported that over the past four trading days, the US spot BTC ETF has experienced continuous inflows, totaling $1.192 billion. During this period, the largest inflow was into IBIT, amounting to $933 million, followed by FBTC with an inflow of $176 million.