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　　MINIMAX-WP（00100）盘中涨超14%，高见775.50港元，再创上市以来新高。截至发稿，股价上涨13.46%，现报771.50港元，成交额9.73亿港元。

　　MiniMax在2月12日上线最新旗舰编程模型MiniMax M2.5，是全球首个为Agent场景原生设计的生产级模型，支持PC、App、跨端应用的全栈编程开发。

　　国泰海通发布研报称，首次覆盖给予MiniMax“增持”评级，目标价620港元。该行指出，公司全栈自研多模态大模型性能领先，海外收入占比高，现金储备充足；预计2026年营收2.2亿美元，给予113x PS估值，反映其作为港股稀缺全球化AI标的的成长潜力。

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