Stock Track | MINIMAX-WP Soars 7.11% Intraday as MiniMax M2.5 Tops AI Charts and Company Gains Commercial Status

Stock Track03-17 10:18

MINIMAX-WP (00100) saw its shares soar 7.11% during the intraday trading session on Tuesday, marking a significant upward movement for the AI-focused company.

The surge appears to be driven by multiple positive developments. Recent data from OpenRouter, the world's largest AI model API aggregation platform, shows that the company's MiniMax M2.5 model recorded 1.75 trillion tokens in weekly API calls, securing the top position for the fifth consecutive week. This performance contributed to Chinese AI large language models surpassing their US counterparts in weekly API calls for two consecutive weeks.

Furthermore, a J.P. Morgan research report highlighted that the recent shift in artificial intelligence from conversational capabilities to execution-level tasks expands monetization opportunities, with model developers and inference service providers like MINIMAX-WP being the earliest and most direct beneficiaries. Additionally, the company recently received approval from the Stock Exchange of Hong Kong to remove the "P" suffix from its stock name, officially recognizing its transition from a pre-revenue company to a commercialized entity.

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