Hong Kong stocks closed lower on April 17, with the Hang Seng Index dropping 0.89%. Blue-chip stocks varied, as Alibaba gained amid AI advancements. Newly listed stocks surged, showcasing strong investor interest, while gold stocks fell due to geopolitical tensions.

Nexters and Velop announced that their mobile MMORPG Chaos W has achieved over 470,000 pre-registrations ahead of its Q2 2026 launch. The game's hybrid model combines RTS and RPG elements, utilizing a fixed supply economy and accessible pre-registration via Telegram, aiming for global market growth.

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 16, Hong Kong's major indices rose significantly as geopolitical risks eased and positive economic data emerged. The Hang Seng Index climbed 1.72%, driven by gains in tech and lithium battery stocks, notably CATL and Baidu. New IPOs also saw strong performance.

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 15, Hong Kong's indices showed mixed results, with the Hang Seng Index up 0.29%. Key gains came from Alibaba-W and the innovative drug sector, buoyed by governmental support. Airline stocks also rebounded amid falling oil prices.

W Games has increased its stake in Paksi Games to 73.33% by acquiring an additional 13.33%. This Turkish subsidiary has seen significant revenue growth, particularly from AI-driven games, and is expected to be profitable by Q1 2026.

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has dropped by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has dropped by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 15, Hong Kong AI concept stocks saw significant declines, with Zhipu AI falling over 10% and MINIMAX-W and Xunce each dropping more than 5%.