The two AI model giants in Hong Kong stocks have recently taken a dive—Zhipu once dropped below 1,000 HKD, and MiniMax fell below 200 HKD. Back in the day, Zhipu went public as the *first AI model stock*, with its market cap soaring to nearly 1.4 trillion HKD. Now, as shares gradually unlock, the two companies combined have lost over 700 billion HKD from their peak. Isn't this just a replay of VC token unlocks? Sky-high valuations in primary markets, retail investors buying at the top in secondary markets, and once the lock-up period ends, early-stage institutions cash out with tears in their eyes. Turns out, whether it's stocks or crypto, it's the same game with a different name. SPACs in the U.S., VC tokens in crypto, and now the two giants in Hong Kong stocks. That said, at these prices, the two giants are looking pretty tempting. Someone help me up—I think I’m ready to buy the dip! #Investing #HongKongStocks #AI #Crypto