Core Viewpoint - MiniMax-WP has seen a significant stock price increase, reaching a new high of 980 HKD, with a cumulative rise of over 450% since early 2026, indicating strong market performance and investor interest [1] Group 1: Stock Performance - The stock price of MiniMax-WP increased by over 14% during trading, peaking at 980 HKD, and is currently up by 9.68% at 929 HKD with a trading volume of 2.076 billion HKD [1] - The company has achieved a cumulative stock price increase of over 450% since early 2026 [1] Group 2: Product Launch - MiniMax recently launched its flagship programming model, MiniMax M2.5, which is the world's first production-grade model designed natively for Agent scenarios, supporting full-stack programming development across PC, App, and cross-platform applications [1] - On February 15, MiniMax also introduced the M2.5-Highspeed version and Coding Plan subscription service, aimed at providing professional developers with lower latency and higher concurrency, achieving speeds up to three times that of similar products [1] Group 3: Market Position and Financial Outlook - According to CICC, MiniMax is one of the few companies in China that has successfully commercialized both foundational model capabilities and global AI-native applications, highlighting its rarity in the AI sector [1] - Guotai Junan indicates that the company's self-developed multimodal large model performance is leading, with a high proportion of overseas revenue and ample cash reserves; it is projected to generate 220 million USD in revenue by 2026, with a valuation of 113x PS, reflecting its growth potential as a rare global AI stock in Hong Kong [1]
港股异动 | MINIMAX-WP(00100)盘中涨超14%再创新高 年初至今累涨超4.5倍