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2026-09-24

Chinese AI Stocks Z.AI and MiniMax Slide on Regulatory Probe; Z.AI Down ~85% Since Sept 18

Chinese AI Stocks Z.AI and MiniMax Slide on Regulatory Probe; Z.AI Down ~85% Since Sept 18

Key points

Z.AI and MiniMax shares, normalized to 09/18 | By 9/23 Z.AI fell ~85% and MiniMax ~30% amid a data-security probe

Image source: @GlobalMktObserv