MINIMAX-WP (00100) saw its shares rise more than 7% during the trading session. As of the time of writing, the stock was up 5.36%, trading at HKD 1,082, with a turnover of HKD 499 million.
Recent data from OpenRouter, the world's largest AI model API aggregation platform, shows that Chinese AI large language models have surpassed their US counterparts in weekly API calls for two consecutive weeks. Specifically, the MiniMax M2.5 model recorded 1.75 trillion tokens in weekly calls, securing the top position for the fifth week in a row.
In addition, a J.P. Morgan research report highlighted that the recent surge in interest around OpenClaw reflects a shift in artificial intelligence from conversational capabilities to execution-level tasks. The report suggests this development is significant for equity markets as it expands monetization opportunities beyond the AI models themselves. The bank believes the earliest and most direct beneficiaries are likely to be model developers and inference service providers, such as MINIMAX-WP.
It is also noteworthy that MINIMAX recently announced it has received approval from the Stock Exchange of Hong Kong. The company will no longer be classified as a pre-revenue company and will instead be recognized as a commercialized entity. Following this approval, the company's stock short name will no longer carry the "P" suffix. The company's A-shares will be traded under the new short name "MINIMAX-W," replacing the current "MINIMAX-WP," effective from 9:00 a.m. on March 18, 2026. The company's stock code, "0100," will remain unchanged.
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