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Home > Latest

Hong Kong stocks AI application sector fluctuated and fell, MINIMAX and Zhipu fell more than 10%.

date
27/02/2026
Hong Kong stocks AI application sector fluctuates and falls, MINIMAX-WP and Zhipu drop more than 10%, Kingsoft and Alibaba Health follow suit.
Latest
3 m ago
On February 26, the State Administration for Market Regulation issued new regulations for online catering. In response to this, Taobao Flash Sale stated that they actively responded and implemented the regulations immediately, deeply integrating them into all aspects of their platform operation to effectively enhance the "trust index" of food delivery. Taobao Flash Sale stated that under the guidance of regulatory authorities, the platform will work with ecological partners and all sectors of society to continuously build a "3+1+AI" food safety governance system. Additionally, they will introduce the "Snapshots by Delivery Riders" as a supplementary measure for mobile governance. (Yicai)
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The three major stock indexes in A-shares opened collectively lower in the morning, with the Shanghai Composite Index briefly turning positive mid-day. In the morning session, the three major stock indexes fell again, with the ChiNext Index falling by nearly 1.5%. By midday, the Shanghai Composite Index fell by 0.17%, the Shenzhen Component Index fell by 0.68%, and the ChiNext Index fell by 1.46%. The total turnover of the two markets exceeded 150 billion yuan. On the market, cloud computing and computing power leasing sectors saw some unusual gains, while several segments of the non-ferrous metals industry showed strong performance. Due to the overnight plunge of Nvidia dragging down CPO, PCB and other computing power hardware stocks, there was a general pullback, with storage chips, PET, and copper foil sectors leading the decline.
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