MINIMAX-WP's stock price soared 5.96% during the intraday trading session on Monday.
The surge is linked to the company's deep integration with the open-source AI agent ecosystem OpenClaw, where the trending topic of "lobster farming" is fueling demand for domestic AI models. MiniMax recently launched MaxClaw, a cloud-based AI assistant built on OpenClaw, and its M2.1 model holds the second position in OpenClaw's lobster benchmark rankings with a 93.6% success rate.
Further driving investor optimism, Morgan Stanley highlighted in a report that MiniMax's commercialization momentum has far exceeded expectations. The firm's annualized recurring revenue surged over 50% to $150 million in just two months, while token usage for its M2 model skyrocketed sixfold in February 2026 compared to December 2025, with inference costs per token dropping significantly by more than 50%. The bank maintained an Overweight rating on the stock with a target price of HK$990.
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