MINIMAX-WP Shares Surge Over 5% Following Integration of MiniMax M3 with Alipay's Token Pay

Stock News

Jun 17

Shares of MINIMAX-WP (00100) have climbed more than 6%. At the time of writing, the stock is up 6.34% to HK$441, with a turnover of HK$145 million.

This upward movement follows recent news regarding its technology integration. According to an official announcement, the latest domestic large language model, MiniMax M3, has been fully integrated with Alipay's Token Pay. This marks the large-scale application of the first domestic payment solution for MaaS (Model as a Service) released by Alipay.

This collaboration between MiniMax and Alipay extends beyond a simple product-level connection. It has achieved an underlying integration that optimizes both "large model intent understanding" and "financial-grade payment execution."

Beyond Token Pay, MiniMax is also set to fully integrate with Alipay's comprehensive suite of AI-powered payment products in the near future. This move aims to enhance the token service experience for developers and individual users, thereby accelerating the company's overall commercialization efforts.

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At the time of writing, the stock is up 6.34% to HK$441, with a turnover of HK$145 million.<br><br>This upward movement follows recent news regarding its technology integration. According to an official announcement, the latest domestic large language model, MiniMax M3, has been fully integrated with Alipay's Token Pay. This marks the large-scale application of the first domestic payment solution for MaaS (Model as a Service) released by Alipay.<br><br>This collaboration between MiniMax and Alipay extends beyond a simple product-level connection. It has achieved an underlying integration that optimizes both \"large model intent understanding\" and \"financial-grade payment execution.\"<br><br>Beyond Token Pay, MiniMax is also set to fully integrate with Alipay's comprehensive suite of AI-powered payment products in the near future. 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