On September 9, MINIMAX-W rose 3.2% in regular trading, trading at 342.4 HKD/share, with turnover of HKD 1.259 billion.

The rebound comes after the stock fell sharply in the prior session, declining over 3.5% on September 8 amid broad AI sector weakness and profit-taking following a substantial rally in late August. The stock had surged over 16% on August 31 alone and gained more than 8% intraday on September 7, building up significant short-term gains that triggered selling pressure.

Multiple investment banks have maintained bullish ratings on the company. Guotai Haitong reiterated an Overweight rating with a target price of HKD 449, citing first-half revenue of USD 117 million, up 283.1% year-over-year, while the enterprise services segment surged 703.1%. Citi maintained a Buy rating, noting August ARR exceeded USD 800 million. Jefferies raised its target price to HKD 533, and CMBI Securities maintained a Buy with a target of HKD 580, reflecting confidence in the company's accelerating commercialization following the M3 and H3 model launches.

(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.)