Z.AI is trading at HK$1319.00, up 8.2% as investors rotate back into high-growth technology names following sharp volatility around cornerstone lock-up expirations.

  • The stock rebounded as the market digested the impact of approximately HK$50 billion in share supply from Z.AI and MiniMax lock-ups.
  • The recovery follows heavy selling in recent sessions, driven by renewed AI sector momentum and a shift back into growth-oriented tech stocks in Hong Kong.