[Hong Kong Stock Market AI Model Duo Continues to Plummet: MiniMax Falls Below IPO Price, Both Retrace Over 80% from Peak] Beating AI News Flash, on the morning of October 22, the Hong Kong stock market AI model duo continued to decline. SenseTime (02513.HK) dropped 7.06% during trading, closing at HK$461; MiniMax (00100.HK) fell 5.58% during trading, closing at HK$162.3, with an intraday low of HK$159.3, officially breaking below its IPO price of HK$165 set during its January listing this year. Both companies had previously experienced significant stock price surges. SenseTime once soared to HK$2,980, while MiniMax reached a peak of HK$1,330. Now, both have retraced over 80% from their historical highs. However, SenseTime's current stock price is still nearly four times its IPO price of HK$116.2, whereas MiniMax has fallen below its offering price.