MINIMAX-W (00100.HK) -40.500 (-5.720%) Short selling $35.01M; Ratio 2.256% announced that it has resolved to explore the preliminary proposal for the Proposed Issue of RMB Shares, which may involve (i) the entering into of agreements with professional advisors, and consultation and negotiation with relevant securities or other regulatory authorities.The Proposed Issue of RMB Shares, if proceeded, shall be conditional upon and subject to, among other things, market conditions and the necessary Regulatory Approval(s).Related News CICC: Focus on Positive Capital Flow Impact from Index Review on BEONE MEDICINES (06160.HK), J&T EXPRESS-W (01519.HK), KNOWLEDGE ATLAS (02513.HK) and MINIMAX-W (00100.HK)After the successful listing of the Company on the Hong Kong Stock Exchange, the Company is assessing the capital markets continuously, including an assessment for listing on the STAR Market. The Company has engaged professional advisors to provide counselling on the Company’s compliance with the conditions of the listing on the STAR Market and entered into a tutoring agreement.Any concrete plan of the Proposed Issue of RMB Shares, if made by the Company, and the expected timing of the Proposed Issue of RMB Shares, will be subject to further approval of the Board and/or the Shareholders at a general meeting of the Company (as applicable), as well as the Regulatory Approvals, and thus may or may not be implemented. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-02 16:25.)
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