Ming Shing Group shares rise 23.22% intraday after signing LOI to acquire AI firm StoryFlow for $130 million.

Ming Shing Group surged 23.22% intraday after announcing a letter of intent to acquire AI firm StoryFlow for approximately $130 million. The proposed deal, dated January 14, 2026, marks the company’s strategic expansion into the artificial intelligence sector, signaling potential growth opportunities and technological diversification. The acquisition aligns with market optimism toward AI-driven business models, driving immediate investor enthusiasm reflected in the sharp intraday price increase.