---
title: "MINIMAX-W climbs 4% as southbound investors add positions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296971433.md"
description: "MINIMAX-W gains 3.7% in HK; short interest hits 20% of free float but southbound funds keep buying"
datetime: "2026-08-26T01:35:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296971433.md)
  - [en](https://longbridge.com/en/news/296971433.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296971433.md)
generator: "portal-rs"
---

# MINIMAX-W climbs 4% as southbound investors add positions

MINIMAX-W (100.HK) climbed **3.7%** in Hong Kong trading to **HK$310.80**.

Short interest in the AI model developer has risen to **20%** of its free float, according to S&P Global data, placing it among the most heavily shorted names alongside Z.AI and other artificial-intelligence peers. The stock has shed roughly half its value from a recent high.

Despite the bearish positioning, mainland investors continue to accumulate. Stock Connect data showed southbound funds ranked among the top net buyers of MINIMAX shares over the past five trading sessions, signaling sustained demand from Chinese investors.

### Related Stocks

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

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- [MINIMAX-W Founder Increasingly Confident of Achieving USD1B ARR Target by Yr-end](https://longbridge.com/en/news/297625083.md)
- [Citi Reiterates MINIMAX-W's Buy/High Risk Rating; Aug ARR Tops USD800M](https://longbridge.com/en/news/297981176.md)
- [Do Z.ai and MiniMax face different financial fates months after Hong Kong IPOs?](https://longbridge.com/en/news/297919383.md)
- [Zhipu and MiniMax have turned large-scale models into two different businesses.](https://longbridge.com/en/news/297749079.md)

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