HK Stock Market Move | MINIMAX-W(00100) rises over 8% as H3 Max surpasses the threshold for real-time streaming; AI live streaming is expected to take off.
MINIMAX-W (00100) rose over 16% yesterday and surged more than 8% in the early trading today. As of the time of writing, it has increased by 5.1%, reaching HKD 366.8, with a trading volume of HKD 2.79 billion.
MINIMAX-W (00100) closed up over 16% yesterday and continued to rise more than 8% in early trading today. As of the time of writing, it is up 5.1%, priced at 366.8 HKD, with a trading volume of 2.79 billion HKD.
In the news, on August 31, MiniMax announced that the H3 Max 768P and H3 Max 480P are officially integrated into the MiniMax open platform and MiniMax Design. The H3 Max is optimized for post-training and inference based on the open-weight version of MiniMax H3 developed by fal. A complete audio and video segment of 5 seconds at 768p is generated in under 3 seconds, and the generation speed has started to exceed the playback speed. This change in speed directly impacts the product form, enabling the model to be integrated into continuously operating live streams.
It is worth noting that during the MiniMax mid-term performance briefing, MiniMax's founder and CEO, Yan Junjie, mentioned that the company's annual recurring revenue (ARR) for August has exceeded 800 million USD, with the B-end business contributing over 80% to the overall ARR. Meanwhile, in July of this year, MiniMax's token consumption reached 20 times that of January.
Related Articles
HK Stock Market Move | DYNAGREEN ENV (01330) rose nearly 6% in early trading, with a mid-term dividend increase of 10% year-on-year. The company has committed to locking in the minimum DPS and dividend payout ratio.
New IPO NewsAfter 18 years of deep cultivation in pain management, Hong Kong Pain Management Centre Yuhkangnuo International has submitted its application to the Hong Kong Stock Exchange Main Board.
HK Stock Market Move | JIANGXI BIO (06915) once dropped over 14%, with net profit for the first half of the year decreasing by 61% year-on-year and revenue falling by approximately 16.5%.
HK Stock Market Move | DYNAGREEN ENV (01330) rose nearly 6% in early trading, with a mid-term dividend increase of 10% year-on-year. The company has committed to locking in the minimum DPS and dividend payout ratio.
New IPO NewsAfter 18 years of deep cultivation in pain management, Hong Kong Pain Management Centre Yuhkangnuo International has submitted its application to the Hong Kong Stock Exchange Main Board.
HK Stock Market Move | JIANGXI BIO (06915) once dropped over 14%, with net profit for the first half of the year decreasing by 61% year-on-year and revenue falling by approximately 16.5%.
RECOMMEND
