摩根大通首次覆盖MINIMAX给予增持评级 目标价700港元

Core Viewpoint - Morgan Stanley initiates coverage on MINIMAX-WP with an "Overweight" rating and a target price of 700 HKD, indicating a potential upside of 36% [1] Company Summary - MINIMAX stands out due to its rare global presence, with over 70% of its revenue generated from international markets [1] - The company's M2.1 model is recognized as a global leader in programming and intelligent agent tasks [1] Financial Projections - Morgan Stanley forecasts a compound annual growth rate (CAGR) of 138% for the company's revenue from 2026 to 2030 [1] - The company is expected to reach breakeven by 2029, positioning it as a preferred choice to capitalize on the $1.4 trillion global AI market opportunity by 2030 [1]