HK Stock Market Move | MINIMAX-W(00100) rose by more than 6%. MaxClaw integrates with personal WeChat accounts to release a subscription plan supporting full modal models.

MINIMAX-W (00100) rose more than 6% during the trading day, and as of the time of reporting, it had risen by 4.15%, trading at 954.5 Hong Kong dollars, with a trading volume of 395 million Hong Kong dollars. On the news front, MiniMax announced on March 23 that its AI Agent product MaxClaw now supports integration with personal WeChat accounts. With this announcement, MaxClaw now covers mainstream instant messaging channels such as WeChat, Feishu, DingTalk, Enterprise WeChat, Telegram, WhatsApp, etc. In addition, MiniMax announced the comprehensive upgrade of its Coding Plan to a Token Plan, which is the world's first unified subscription plan supporting multimodal models. After the upgrade, Plus and above package users will receive additional quotas for multimodal model calls such as sea snail videos, speech synthesis, music generation, image generation, on top of their existing usage of the M2.7 programming model. The company also introduced voice and video resource packages for professional developers and enterprise users, with bulk usage prices discounted up to 20%. Guotou International Securities pointed out that in the past month, the consumption of model tokens has grown strongly, with Chinese model companies gaining a larger share of global token calls. MiniMax's performance in 2025 is promising, with ARR exceeding 150 million US dollars. The firm believes that the current token call volume is still in its early stages and has exponential growth potential in programming, agent, office, and other scenarios, with a high ceiling for penetration.