Stock Track | MINIMAX-WP Soars 6.78% Intraday on Strong IPO Performance and Revenue Growth

Stock Track09:31

MINIMAX-WP (00100.HK) surged 6.78% during the intraday session on Tuesday, continuing its upward trajectory following its recent IPO. The stock's strong performance reflects investor optimism about the company's growth prospects and market positioning.

MiniMax, a global AI large model company, debuted on the Hong Kong Stock Exchange on January 9, 2026, with its share price skyrocketing 109.09% on the first day. The company's revenue has grown rapidly, from $3.46 million in 2023 to $53.437 million in the first three quarters of 2025, driven by its AI-native products and open platform services. Despite high R&D expenses and ongoing lawsuits, MiniMax's market capitalization has surpassed HK$123.1 billion, showcasing strong investor confidence.

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