HK Stock Market Move | MINIMAX(00100) rose more than 8% after performance, frequently favored by institutions, with a rapid increase in token volume in the past 26 years.

MINIMAX rose more than 8%, as of the time of writing, it has risen by 8.03% to 794 Hong Kong dollars, with a turnover of 1.081 billion Hong Kong dollars. On the news front, MiniMax recently released its first annual report since going public. The financial report shows that the company achieved a total revenue of 79.038 million US dollars in 2025, a significant increase of 158.9% year-on-year, with over 70% of revenue coming from international markets; gross profit reached 20.079 million US dollars, a sharp increase of 437.2% year-on-year. It is worth noting that the company's token volume has grown rapidly over the past 26 years, with the average daily token consumption of the M2 series text model already more than 6 times that of December 2025. The February ARR (Annual Recurring Revenue) has exceeded 150 million US dollars. In addition, MINIMAX has received favorable reviews from institutions post-performance. JPMorgan Chase has rated MiniMa as "Hold" as it combines technical strength, multi-mode commercialization potential, and global scalability in the AI basic model field, a rare combination; Goldman Sachs has called MiniMax one of the most advantageous companies in the Chinese artificial intelligence model industry. China International Capital Corporation is optimistic about the company's continuous maintenance of its global leading position in text, video, and other models.