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Hang Seng Tech Index includes Zhipu and MiniMax-W, with a sharp surge in stock price today
According to Beating Monitoring, Hang Seng Index Company has released the latest index review results, officially adding Zhipu and MiniMax-W to the Hang Seng Technology Index constituent list, while removing Kingdee International and Kingsoft Software. The changes to the index constituents will be implemented after the close of trading on June 5, 2026, and will take effect officially starting June 8.
As leading unicorns in China’s generative AI sector, Zhipu and MiniMax both successfully listed on the Hong Kong Stock Exchange in January 2026 under the “Specialized Technology Companies” (“Specialized Technology Company”) rules (Chapter 18C).
Before the official announcement of the inclusion results after the close of trading on May 22, market expectations had already boosted the performance of concept stocks. On that day, both companies’ share prices surged. By the close of trading that day, Zhipu (02513.HK) jumped 26.93% to close at HKD 1,282.00, while MiniMax-W (00100.HK) also rose 15.91% to close at HKD 768.50. Less than half a year after their listing, the two unicorns were rapidly included in the Nasdaq index, showing the capital market’s high level of attention to large-model themes. They are also expected to gain Stock Connect eligibility, bringing additional allocation from southbound funds.