CMB International: Initiates coverage on MiniMax-W (00100) with a "buy" rating, target price of HKD 570.

According to the Wise Finance APP, CMB International released a research report stating that it has initiated coverage of MiniMax-W (00100) for the first time, giving it a "buy" investment rating with a target price of 570 Hong Kong dollars. The bank points out that MINIMAX is one of the world's leading AI large model companies. The company has three differentiated competitive advantages compared to other model manufacturers: 1) it has been focusing on the research and development of multimodal large models since its inception; 2) high cost-effective AI model and product capabilities; 3) commercialization capabilities that reach global users.