MINIMAX expands gains to 12%

Odaily News: MINIMAX-W (00100) continued to expand its afternoon gains, rising 12% as of press time, trading at HKD 338 with a turnover of HKD 4.4 billion. Huatai Securities released a research report stating that it expects AI model commercialization to accelerate over the next 4-6 months, while the competitive landscape in the company's specific segment is showing signs of improvement. With an accelerated product launch pipeline in the second half of the year, the company is expected to drive rapid revenue growth: the M3 pro is anticipated to be released between September and October, with parameter scale potentially reaching the 3 trillion level.