Zhongji Innolight Drops, Minimax Gains, SK Hynix Jumps
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Samsung Electronics and SK Hynix are evaluating chip-making equipment from China’s AMEC for possible use at their Chinese factories, Reuters reports, citing unidentified people familiar with the matter.Shares in SK Hynix climb as much as 7.9%.
- Chinese optical component stocks fall while Asian peers rise after Reuters reported that the Trump administration is drafting a ban on imports of some data center components from China. Zhongji Innolight drops as much as 14%.
- Minimax shares jump as much as 7.7% in Hong Kong after Bernstein initiates coverage at price targets of HK$1,350 and HK$275, each, saying frontier AI sits at the intersection of a generational tech cycle and global geostrategic competition.
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