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| HSI1 | 24,963.23 | 0.00 | -- |
| HSCEI1 | 8,271.06 | 0.00 | -- |
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2026-07-24 11:54:37 Goldman Sachs published a research report on MINIMAX-W (00100.HK), of which founder and CEO Yan Junjie said during an analyst meeting recently that the company's future focus will be on pursuing the best cost-effectiveness for each of its models. In particular, the current M3 model is processing trillions of tokens daily, while revenue from its open platform/API business has already reached a healthy gross margin level, with the ultimate target of achieving a high double-digit gross margin. The company also expected the M3 Pro, scheduled for launch between September and October, to deliver enormous cost efficiency. Goldman Sachs noted that MiniMax's multimodal strategy represents a key differentiating advantage. The H3 model has entered the final stage before launch and is expected to be released soon. The broker believed it will have a profound impact on the multimodal industry landscape. Goldman Sachs reiterated its Buy rating on MINIMAX-W with a target price of HKD860. The broker expected MINIMAX-W to be included in the Southbound Stock Connect in August 2026. ~ AASTOCKS Financial News Website: www.aastocks.com | |