China AI firms Zhipu, MiniMax to join Hong Kong’s Hang Seng Tech Index

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Chinese AI companies MiniMax Group and Zhipu AI will join Hong Kong's Hang Seng Tech Index as part of efforts to capture the global AI market boom. Several other firms, including J&T Global Express and Aluminum Corp of China, are joining the Hang Seng Index.

Chinese AI firms MiniMax Group and Knowledge Atlas Technology – better known as Zhipu AI – will join the Hang Seng Tech Index next month. Their inclusion follows investor criticism that the city’s primary technology gauge has underperformed by missing out on the global artificial intelligence boom. Concurrently, Shanghai-based courier J&T Global Express, lightweight metal giant Aluminum Corp of China and Beijing-founded global drug firm BeOne Medicines will join the benchmark Hang Seng Index....