Movement Alert｜MINIMAX-W rise 3.5% at open, export registration completion supports model open-source release and overseas licensing

Market Focus10-27 09:21

On October 27, MINIMAX-W rose 3.5% at open, trading at HK$180.4, with turnover of HK$11.43 million.

The move followed the company’s earlier disclosure that it had completed the technology export registration procedures required for the open-source release and overseas licensing of certain recently released and upcoming AI models.

According to the company filing released on October 23, the completed registration covers compliance procedures tied to model open-sourcing and overseas authorized use. This came after MiniMax launched its M3.1 Flash model, which the company said delivers nearly three times faster inference speed and 70% lower usage costs. Recent market reports also noted that the registration completion could help advance external model release and overseas commercialization plans.

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