Changes in Hong Kong stocks | MINIMAX-W (00100) rose more than 8%, the commercial value of the video model market is impressive, and M3 Pro is expected to become a real catalyst

The Zhitong Finance App learned that MINIMAX-W (00100) rose more than 8%. As of press release, it had risen 7.8% to HK$353.6, with a turnover of HK$2,503 billion.

According to the news, Daiwa released a research report saying that MINIMAX focuses on competitive model capabilities and cost efficiency, and is one of the few pure AI big model listed companies benefiting from China's AI commercialization trend. Morgan Stanley pointed out that the H3 video model released by MiniMax in July surpassed similar products around the world and received positive feedback, and is expected to re-accelerate MiniMax's multi-modal ARR growth. Furthermore, the M3 Pro will be launched in September-October, and is expected to become the largest Chinese model with the largest parameters at that time, and demonstrate pricing capabilities.

It is worth mentioning that the Hong Kong Stock Exchange recently announced that MINIMAX has complied with the HKEx Technology 100 Index quick inclusion rules. It will be included in the Hong Kong Stock Exchange Technology 100 Index and the Hong Kong Stock Exchange Technology and US Technology 100 Index after the market closes on August 12, and will officially take effect on August 13. As a newly listed technology company in the Hong Kong market, MiniMax was quickly included in the relevant index, reflecting that it already has corresponding market representation.