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| HSI1 | 25,884.43 | 0.00 | -- |
| HSCEI1 | 8,612.15 | 0.00 | -- |
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2026-07-31 16:21:31 Jefferies published a research report on MINIMAX-W (00100.HK), which launched its multimodal generative model H3 today (31st). The model supports user inputs from multiple sources including text, images, audio and videos, and can generate videos based on complex multimodal content. It can generate video content of up to 15 seconds with 2K resolution, featuring strong multimodal contextual understanding capabilities, and can already be applied across various commercial scenarios such as advertising, e-commerce and product design. In terms of pricing, according to Jefferies' estimates, H3's pricing at 768p resolution is believed to be about half that of peers, while pricing at 2K resolution is only about one-third of peers, demonstrating significant cost-effectiveness and expected competitiveness. Jefferies viewed the launch of H3 further consolidates MINIMAX-W's competitive position in the AI video generation sector. Its cost advantages will help expand enterprise customers and accelerate commercialization deployment. The broker reiterated its Buy rating with a TP of HKD1,118. ~ AASTOCKS Financial News Website: www.aastocks.com | |