HK Stock Market Move | MINIMAX-W(00100) surged over 5% in early trading. Saudi HUMAIN launched an Arabic large model based on MiniMax M3.
MINIMAX-W (00100) rose over 5% in the morning session. As of the time of publication, it has increased by 3.80%, trading at HK$343.8, with a transaction volume of HK$2.058 billion.
MINIMAX-W (00100) surged over 5% in early trading. As of the time of writing, it has risen 3.80%, trading at HKD 343.8, with a transaction volume of HKD 2.058 billion.
In news, Saudi Arabian artificial intelligence company Humain has recently commenced preparations for an IPO. It is reported that the company will launch its first Arabic large model, HUMAIN M3, this month. This model is based on the open-source flagship model MiniMax M3 developed by the Chinese AI company MiniMax, utilizing over one trillion tokens of Arabic data for further training. Currently, HUMAIN M3 is available for research preview through the HUMAIN Node platform.
Analysts pointed out that this case is a reflection of MiniMax's internationalization. In the half-year report for 2026 released in August, MiniMax stated, Our products and services have reached over 230 countries and regions, and our international market revenue accounts for a significant portion of our total revenue. By the end of the first half, revenue from international markets was approximately 60.8% of our total revenue.
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