Hong Kong stocks OpenClaw concept gains expand, MINIMAX and Zhipu both reach new highs since listing

On March 18, Hong Kong stock market OpenClaw concept stocks continued to rise, with MINIMAX’s increase reaching over 28%, hitting a new all-time high since listing, with a total increase of over 700% since debut; Zhipu rose over 22% to a new high; Kingsoft Cloud increased over 19%; Haizhi Technology Group rose over 8%.

In news developments, on March 18, MiniMax announced its new generation flagship agent large model M2.7, showcasing the “model self-evolution” approach for the first time. The model builds an Agent Harness system, deeply participating in its own training and optimization processes, capable of handling 30%-50% of tasks in certain R&D scenarios, and achieving approximately 30% performance improvement on internal evaluation sets.

According to Kaiyuan Securities, industry monitoring indicates that the surge in AI computing power demand at the start of 2026 has driven the computing power leasing market into a price increase cycle. The proliferation of AI applications and the OpenClaw framework may trigger increased inference demand. Coupled with Nvidia’s limited production capacity, rising hardware costs, and gaps in domestic substitution, the market is entering a “seller’s market.” It is believed that the prices for computing power leasing may continue to rise. The firm suggests that AIDC, computing power leasing, and CDN, as core components of AI cloud IaaS, are expected to benefit significantly.