What happened
Large model concept stocks listed in Hong Kong continued their downward move, according to East Money Information.
Zhipu dropped more than 10% during the session, while MINIMAX-W declined more than 5%.
Why it matters
The scale of the declines suggests investors were applying pressure across the sector rather than singling out one company, since both named stocks fell in the same session.
Because the source gives only price moves and no stated cause, the reason for the selloff cannot be determined from the available information.
Key facts
Hong Kong large model concept stocks continued to decline.
Zhipu fell more than 10%.
MINIMAX-W fell more than 5%.
What to watch next
Whether the sector's decline continues or stabilizes in subsequent Hong Kong trading sessions.
Any company disclosure or market development that explains the move, which the current report does not provide.
