MINIMAX-W (00100) surged 5.44% during intraday trading on Thursday, reflecting strong investor enthusiasm following its inclusion in the Shanghai-Hong Kong Stock Connect program.
The rally was fueled by an announcement from the Shanghai Stock Exchange on August 5, which adjusted the list of eligible stocks for the Hong Kong stock connect under the Shanghai-Hong Kong Stock Connect. MINIMAX-W was added to the list, effective from the next Hong Kong stock connect trading day. This move opens the stock to a broader base of mainland Chinese investors, boosting demand expectations.
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