HK Movers｜MiniMax Rises 8% After It Officially Included in Stock Connect as H3 Ecosystem Rapidly Expands

Market Focus08-06 09:52

On August 6, MINIMAX-W rose 8% in regular trading. On the news front, both the Shanghai Stock Exchange and Shenzhen Stock Exchange announced that MINIMAX-W has been officially included in the Stock Connect eligible securities list effective August 6, enabling mainland investors to directly trade the stock through the Stock Connect mechanism. This inclusion is expected to bring greater liquidity and incremental capital inflows.

Simultaneously, the company's newly open-sourced multimodal generation model H3 has achieved rapid ecosystem adoption, with over 100 domestic and international partners completing Day 0 integration within the first 24 hours of release, spanning chips, developer communities, cloud inference platforms, and AI application enterprises. Goldman Sachs has reiterated its Buy rating with a target price of 860 HKD, citing the Stock Connect inclusion combined with the H3 product launch as key catalysts for valuation recovery in the second half of the year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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.

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