摩根大通首次覆盖MINIMAX-WP(00100.HK)，给予增持评级，目标价700港元，潜在上行空间36%。摩 根大通指出，MiniMax以稀缺的全球化布局脱颖而出，目前超过70%收入来自海外市场，其M2.1模型在 编程和智能体任务方面位列全球领先水平，横跨消费应用、生成式媒体及B2BAPI的均衡业务组合支撑 强劲增长潜力，预计2026-30年营收年复合增长率达138%，有望在2029年实现盈亏平衡。摩根大通将 MiniMax视为把握2030年全球AI市场1.4万亿美元规模机遇的首选标的之一。 ...

分析人士指出，本轮AI应用股集体大涨，或与近期大模型技术应用革新有关。字节跳动旗下即梦平台 日前宣布，正内测一款AI视频生成模型——Seedance 2.0。该模型支持同时上传图片、视频、音频等多 达12类参考文件，凭借多模态参考、生成与编辑融合等一系列技术创新，实现了关键突破。这意味着， AI视频生成实现了从"工具"到"AI导演"的跃迁，可自主完成运镜、分镜、多镜头叙事等创作环节，为用 户提供导演级的控制精度。 港股市场AI应用股今日继续集体大涨，截至半日收盘，智谱涨21%，领涨板块，阅文集团涨超15%，阜 博集团涨超13%，MINIMAX涨超6%。 | 代码 | 名称 | 涨跌幅 √ | 最新价 | 总市值 | 年初至今涨跌 | | --- | --- | --- | --- | --- | --- | | 02513 | 智谱 | 0 21.03% | 335.000 | 1493.57亿 | 188.30% | | 00772 | 阅文集团 | 15.57% | 43.640 | 445.77亿 | 32.32% | | 03738 | 皇博集团 | 13.35% | 5.180 | 131.71亿 ...

Group 1 - The Hong Kong stock market saw a strong performance in AI application stocks, with notable gains from companies such as Zhizhu (up over 16%), Yuedu Group (up over 9%), and Fubo Group (up over 8%) [1][2] - The recent launch of the AI video generation model Seedance 2.0 by ByteDance on the Jimeng platform has sparked widespread evaluation and discussion within the AI industry, showcasing impressive capabilities in multi-modal thinking and video generation [1] - Seedance 2.0 supports various input types including text, images, videos, and audio, and has achieved breakthroughs in key areas such as self-operated and distributed shooting, audio-visual synchronization, and multi-angle storytelling [1] Group 2 - Zhizhu's stock price increased by 16.26% to 321.800, with a total market capitalization of 143.472 billion and a year-to-date increase of 176.94% [2] - Yuedu Group's stock rose by 9.38% to 41.300, with a market cap of 42.187 billion and a year-to-date increase of 25.23% [2] - Fubo Group's stock gained 8.75% to 4.970, with a market capitalization of 12.637 billion and a year-to-date increase of 20.92% [2]

Group 1 - The Hong Kong stock market saw a strong performance in AI application stocks, with notable gains from companies such as Zhizhu (up over 16%), Yuedu Group (up over 9%), and Fubo Group (up over 8%) [1] - The AI video generation model Seedance 2.0, launched by ByteDance on its Dream platform, has garnered significant attention and positive reviews within the AI industry for its impressive capabilities [1] - Seedance 2.0 supports various input types including text, images, videos, and audio, and has achieved breakthroughs in key areas such as self-camera and multi-camera narrative capabilities [1] Group 2 - Zhizhu's stock price increased by 16.26% to 321.800, with a total market capitalization of 143.472 billion and a year-to-date increase of 176.94% [2] - Yuedu Group's stock rose by 9.38% to 41.300, with a market cap of 42.187 billion and a year-to-date increase of 25.23% [2] - Fubo Group's stock climbed by 8.75% to 4.970, with a market cap of 12.637 billion and a year-to-date increase of 20.92% [2]

Group 1 - The core viewpoint is that domestic large model concept stocks continue to show strong performance, with significant price increases reported [1][3] - Zhihui (02513) has surged by 14.88%, currently trading at 388 HKD [1][3] - MINIMAX-WP (00100) has also seen an increase of 5.05%, with a current price of 541 HKD [1][3]

Group 1 - The core viewpoint of the article highlights a significant rise in Hong Kong's artificial intelligence stocks, indicating a positive market trend in this sector [2] - Cloud Wisdom (云知声) saw an increase of over 13%, reflecting strong investor interest and confidence in its performance [2] - Other companies such as Reading Group (阅文集团), Zhiyun (智谱), and MINIMAX-WP experienced gains exceeding 6%, showcasing a broader rally in AI-related stocks [2] - Companies like Zhihu (知乎), Kuaishou (快手), and Horizon Robotics (地平线机器人) also reported increases of over 4%, further emphasizing the momentum in the AI market [2]

Group 1 - The core viewpoint of the article highlights the strong performance of domestic large model concept stocks, particularly Zhiyu (02513) and MINIMAX-WP (00100), which have seen significant price increases of 6.21% and 6.6% respectively [1] - The launch of the anonymous model "Pony Alpha" by OpenRouter on February 6 has garnered attention due to its advanced coding capabilities and optimization for intelligent workflows, leading to speculation that it is a precursor to Zhiyu's upcoming GLM-5 model [1] - Zhiyu's Chief Scientist, Tang Jie, indicated in an internal letter on January 8 that a new generation model, GLM-5, is set to be released soon, with a confirmation of this on February 2 via social media [1] Group 2 - Guolian Minsheng Securities published a report stating that large models are evolving from "chat tools" to "autonomous employees" in the Agent era, suggesting that companies with core algorithms and industry interfaces will benefit significantly from the trend towards intelligent automation [1] - The report recommends focusing on the recently listed "large model twins," MiniMax-WP and Zhiyu, as they represent the "brain" of the native Agent ecosystem, indicating their high scarcity and potential for growth [1]

Core Viewpoint - The domestic large model concept stocks continue to show strong performance, with notable increases in share prices for companies like Zhiyu (02513) and MINIMAX-WP (00100) following the launch of a new model by OpenRouter, which is speculated to be a precursor to Zhiyu's upcoming GLM-5 model [1] Group 1: Company Performance - Zhiyu (02513) shares rose by 6.21%, reaching 294 HKD [1] - MINIMAX-WP (00100) shares increased by 6.6%, reaching 549 HKD [1] Group 2: Industry Developments - OpenRouter launched an anonymous model named "Pony Alpha" on February 6, which has garnered attention for its strong coding capabilities and optimization for intelligent workflows [1] - The model is speculated to be a preview of Zhiyu's upcoming GLM-5, which was hinted at by Zhiyu's chief scientist, Tang Jie, in an internal communication on January 8 [1] - Tang Jie confirmed on February 2 via social media that Zhiyu will soon release GLM-5 [1] Group 3: Market Insights - Guolian Minsheng Securities published a report indicating that large models are evolving from "chat tools" to "autonomous employees" in the Agent era [1] - Companies that master core algorithms and industry interfaces are expected to benefit significantly from the intelligence-driven market [1] - The report recommends focusing on the recently listed "large model twins," MiniMax-WP and Zhiyu, as they represent a highly scarce resource in the native Agent ecosystem [1]

Group 1 - The Hong Kong stock market saw a collective rise in AI application stocks, with notable increases such as Zhiyun up over 11% and Reading Group up 8% [1] - Other companies like Pony.ai, Fubo Group, and Xindong Company also experienced gains exceeding 6%, while Kingsoft Cloud and Dreamland Technology rose over 5% [1] - The report from Kaiyuan Securities highlighted ByteDance's launch of the Seedance 2.0 video generation model on the Jiemeng platform, which has sparked widespread evaluation and discussion in the AI industry due to its impressive performance [1] Group 2 - Zhiyun's stock price increased by 11.91% to 227.40, with a total market value of 101.39 billion and a year-to-date increase of 95.70% [2] - Reading Group's stock rose by 8.08% to 37.20, with a market capitalization of 37.99 billion and a year-to-date increase of 12.80% [2] - Other notable stock performances include Pony.ai up 6.46%, Fubo Group up 6.57%, and Xindong Company up 6.25%, with respective market values of 47.86 billion, 11.54 billion, and 41.69 billion [2]

Group 1 - The Hong Kong stock market saw a collective rise in AI application stocks, with notable increases such as Zhiyu up over 11% and Reading Group up 8% [1] - Other companies like Xiaoma Zhixing, Fubo Group, Xindong Company, and Wenyuan Zhixing experienced gains exceeding 6% [1] - The report from Kaiyuan Securities highlighted ByteDance's launch of the Seedance 2.0 video generation model on the Jiemeng platform, which has garnered significant attention and discussion within the AI industry due to its impressive performance [1] Group 2 - Zhiyu's stock rose by 11.91%, reaching a latest price of 227.400 with a total market value of 101.385 billion, marking a year-to-date increase of 95.70% [2] - Reading Group's stock increased by 8.08%, with a latest price of 37.200 and a market value of 37.999 billion, reflecting a year-to-date rise of 12.80% [2] - Xiaoma Zhixing's stock rose by 6.46%, priced at 110.400 with a market value of 47.863 billion, although it has seen a year-to-date decline of 5.88% [2]