---
title: "MINIMAX-W drops 6% in Hong Kong as tech stocks retreat"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296722175.md"
description: "MINIMAX-W drops 6% in Hong Kong as tech stocks retreat; anomaly alert triggered on sharp five-minute decline."
datetime: "2026-08-24T01:37:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296722175.md)
  - [en](https://longbridge.com/en/news/296722175.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296722175.md)
generator: "portal-rs"
---

# MINIMAX-W drops 6% in Hong Kong as tech stocks retreat

**MINIMAX-W** (100.HK) fell **6%** during regular trading to HK$**327.40**, triggering an anomaly alert after losing more than 3% within a five-minute window.

The decline came as Hong Kong's Hang Seng Index opened 229 points lower, dragging technology stocks broadly. Southbound capital had been a net buyer of MINIMAX shares on Friday, and Orient Securities maintained a buy rating with a target price of HK$**466.32**. The stock had rallied over 4% the prior week on the launch of a multimodal product before giving back gains on Monday.

### Related Stocks

- [00100.HK](https://longbridge.com/en/quote/00100.HK.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**