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Hong Kong-listed large-model AI stocks weakened. MINIMAX-W (00100.HK) opened higher but slid over 3%; Zhipu AI (02513.HK) at one point fell nearly 8%.

2026-06-23

Hong Kong-listed large-model AI stocks weakened. MINIMAX-W (00100.HK) opened higher but slid over 3%; Zhipu AI (02513.HK) at one point fell nearly 8%.

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2026-06-23

Chinese A-share indices fell in the morning session; by midday the Shanghai Composite was down 0.37%, the Shenzhen Composite down 1.83% and the ChiNext Index down 2.27%. Innovative drug stocks bucked the market, with Xinhua Pharmaceutical and several

Chinese A-share indices fell in the morning session; by midday the Shanghai Composite was down 0.37%, the Shenzhen Composite down 1.83% and the ChiNext Index down 2.27%. Innovative drug stocks bucked the market, with Xinhua Pharmaceutical and several peers hitting the daily limit. Securities continued to rally, led by Changjiang Securities which also hit the daily limit. Sector winners included livestock, banks, daily-use chemicals and real estate; laggards were crude palm oil (CPO)-related names, nonferrous metals, electrical equipment and construction machinery. Morning turnover exceeded CNY2.3 trillion.
2026-06-23

China Maritime Safety Administration website shows Zhuhai Maritime Safety Administration issued a navigation warning: parts of the South China Sea will be closed for live-fire exercises June 24-26, daily 08:00-17:00; entry is prohibited.

China Maritime Safety Administration website shows Zhuhai Maritime Safety Administration issued a navigation warning: parts of the South China Sea will be closed for live-fire exercises June 24-26, daily 08:00-17:00; entry is prohibited.
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