STOCKS | BofA Securities Maintains Buy Rating on MiniMax-W, Citing Possible Stock Connect Inclusion

BofA Securities said the six-month post-listing lock-up period for MiniMax-W (00100.HK) will expire on July 8, which it expects could lead to share-price volatility. According to Jin10, the firm said MiniMax-W may be included in the Hong Kong Stock Connect program on August 6, which it said could provide liquidity support. BofA Securities maintained its “buy” rating on MiniMax and kept its target price at HK$500.