MiniMax briefly dropped below its initial public offering price, according to data cited by Odaily. The update also said Hong Kong’s Hang Seng Index fell 2% to 23,178.37. MiniMax’s decline at one point reached 6.2%, pushing the stock below its IPO issue price. The source did not provide additional trading details, including the exact share price at the time of the move. The item was published as a short market news flash by Odaily.
MiniMax briefly fell below its IPO price, according to Gate data cited by Odaily.
The news flash said Hong Kong’s Hang Seng Index was down 2% at 23,178.37, while MiniMax at one point fell as much as 6.2%, slipping below its IPO issue price.
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