Group 1 - MiniMax-WP and Zhizhu have experienced significant stock price increases, with Zhizhu rising by 24% and MiniMax by 11% following a report from JPMorgan recommending investors to buy these emerging AI model developers' stocks [1] - Both companies have emerged as stars in the Chinese tech boom driven by DeepSeek technology breakthroughs, with MiniMax's stock price increasing by approximately 230% and Zhizhu's by over 170% in just over a month since their listings on the Hong Kong stock market [1] - JPMorgan analysts emphasized that MiniMax and Zhizhu are "core targets to capture the next wave of global AI value creation," highlighting their roles as prominent independent large language model developers accelerating their global business expansion [1] Group 2 - JPMorgan's "overweight" rating marks a significant authoritative response from Wall Street to the new wave of Chinese AI companies going public, with Goldman Sachs also initiating "buy" ratings for chip designers Shanghai Birun Technology and Muxi [2] - JPMorgan estimates that MiniMax's revenue growth will be particularly steep, with most sales coming from overseas markets, projecting a compound annual growth rate of 138% from 2025 to 2030; Zhizhu's sales growth is expected to reach 127%, with both companies likely to achieve profitability by 2029 [2]
小摩强力“唱多”：大模型双雄智谱(02513)、MiniMax(00100)暴涨，华尔街首评引爆港股AI潮