On August 14, MINIMAX-W rose 4.19% in regular trading, trading at 393.0 HKD/share, with turnover of 214 million HKD. The stock continues its upward trajectory following multiple catalysts in recent sessions.

On the news front, MINIMAX-W was formally included in the HKEX Tech 100 Index and HKEX Tech & US Tech 100 Index effective August 13, which is expected to drive passive allocation fund inflows. Additionally, Daiwa initiated coverage on August 12 with a Buy rating and a target price of 530 HKD, citing MiniMax as one of the few listed pure-play AI foundation model companies positioned to benefit directly from China's AI commercialization trend. The broker noted that the stock's over 70% decline from its March high of 1,238 HKD represents an overreaction relative to fundamentals. Southbound capital has net purchased the stock for five consecutive trading days with cumulative inflows reaching 6.77 billion HKD, reflecting strong institutional recognition of its long-term value following its Stock Connect inclusion on August 6.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)