Stock Track | MINIMAX-WP Soars 5.15% Intraday on Institutional Buy Ratings and Alipay Integration

Stock Track
Jun 18

MINIMAX-WP's stock soared 5.15% in intraday trading on Thursday.

The surge is supported by multiple bullish catalysts, including CMBI and Bank of America Securities initiating coverage with "Buy" ratings and setting target prices at 570 HKD and 500 HKD respectively. Both institutions highlighted the company's first-mover advantage in multimodal large models, cost-effective model capabilities, and global commercialization potential.

Additionally, MiniMax's latest large model M3 has been fully integrated into Alipay's Token Pay one-stop full-stack payment solution, reinforcing market expectations for accelerated commercialization. The stock had previously declined due to concerns over share unlock pressure and a JPMorgan downgrade, but capital has returned following institutional endorsements and concrete business developments.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10