Zhipu AI and Minimax shares surged on Friday. Bloomberg reported they are top contenders for Hang Seng indexes inclusion.
Zhipu (HK:2513) jumped 26.2%, while Minimax (HK:0100) surged nearly 17%.
Both are viewed as leading candidates for the Hang Seng TECH and composite gauges during the quarterly review on Friday.
Stocks have surged at least 300% since listing in January. Hype over China's AI ambitions drives investor interest.
Both are part of China's 'AI Tigers' startups at the forefront of AI development.
Index inclusion could make Zhipu eligible for the Stock Connect by June, and Minimax by August.
Zhipu could attract southbound buying of HK$51-92 billion. Minimax could see inflows of up to HK$47 billion.
