Chinese AI stocks rise sharply in Hong Kong, with Knowledge Atlas Technology's shares jumping 27% while MiniMax's shares rise 14%. China Merchant Securities International initiates buy ratings for both stocks, noting that they are accelerating their commercialization path. MiniMax and Knowledge Atlas Technology have an advantage when it comes to commercializing their AI models, the brokerage adds. China Merchant Securities has target prices of HK$1,282 on Knowledge Atlas Technology and HK$982 for MiniMax. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
Chinese AI Stocks Rally Amid Optimism Over Commercialization — Market Talk
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