On June 15, MINIMAX-WP rose 7.58% in regular trading, trading at 414.2 HKD/share, with turnover of HKD 327 million. The stock had previously declined over 50% within the month before staging a rebound.

On the news front, CMB International recently initiated coverage on MINIMAX-WP with a Buy rating and a target price of HKD 570, citing three differentiated competitive advantages: multi-modal large model first-mover edge, high cost-performance model capabilities, and global commercialization potential. The firm forecasts a total revenue CAGR of 181% for the company from 2025 to 2028. Concurrently, the broader AI sector staged a strong recovery, with peer Zhipu surging 34.64% on the same day, lifting overall sector sentiment.

The company reported total revenue of USD 79 million for 2025, up 159% year-over-year, with native AI products and open platform services accounting for 67% and 33% respectively. Its proprietary models currently hold a 0.3% share of the global large-model revenue market.

(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.)