Chinese AI stocks slide after report of regulatory probe

Hong Kong-listed shares of Z.ai (Zhipu) and MiniMax fell sharply after The Information reported that China's internet regulator is probing potential data leaks to Anthropic. Z.ai dropped 12.4%, MiniMax 4% and Alibaba 4.4%.

• Z.ai (Zhipu) fell 12.4% in Hong Kong trading
• MiniMax dropped 4%, Alibaba 4.4%
• Regulator probes possible data leaks to Anthropic