Just a couple of days ago, I was talking about the two AI giants in Hong Kong stocks, MiniMax being the solid one, and today it directly dropped below the IPO issue price of 165. In March, it peaked at 1330 HKD, and now, in seven months, it’s retraced nearly 90%. Those who held onto their IPO shares are now slightly in the red. Back then, with over 1800x oversubscription, I couldn’t get in. Now, buying the dip puts you ahead of 90% of people!? Seriously, what’s going on with Hong Kong stocks? Wasn’t this supposed to be the AI bull market?