MINIMAX-WP's stock price surged 16.56% during intraday trading on Monday, marking a significant upward movement.

The sharp rise is primarily attributed to a landmark policy signal released at the Lujiazui Forum. The China Securities Regulatory Commission (CSRC) announced the expansion of the STAR Market's fifth listing standard to cover AI large model companies. Concurrently, the Shanghai Stock Exchange (SSE) issued dedicated audit guidelines for such enterprises, explicitly supporting compliant Hong Kong-listed companies in accessing mainland capital markets.

This new regulatory framework removes traditional profitability and revenue thresholds as prerequisites for AI companies, encouraging A+H dual-listing structures. For MINIMAX-WP, this has accelerated its timeline for a mainland listing, as the company has formally engaged CITIC Securities to advance its A-share IPO advisory work. The prospect of accessing the A-share market, which historically assigns higher valuation premiums to hard-tech leaders, has catalyzed a significant re-rating of the company's stock.