Movement Alert｜MINIMAX-W Intraday Rise 3.09% in Regular Trading, new AI model launch and buy rating reiteration supported sentiment

Market Focus10-21

On October 21, MINIMAX-W recorded an Intraday Rise of 3.09% in Regular Trading, trading at HK$178.3, with turnover of HK$226 million.

The move was accompanied by fresh attention on the company’s recently launched M3.1 Flash model and an institution’s reiterated Buy rating with a HK$533 target price, helping sentiment recover after the previous session’s weakness.

Recent disclosures showed M3.1 Flash improved inference speed by nearly three times and lowered usage costs by 70%. The model is positioned for agentic tasks, coding, computer use, and cybersecurity, while the company also indicated a future Pro version focused more on intelligence ceiling. Separately, AI names in Hong Kong were broadly firmer on the day, providing additional sector support to the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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