On August 26, MINIMAX-W rose 3.67% in regular trading, trading at 306.8 HKD/share, with turnover of HK$281 million.

On the news front, the company is scheduled to release its interim results after market close today, triggering speculative positioning ahead of the announcement. Orient Securities recently initiated coverage with a Buy rating and a target price of HK$466.32, while the analyst consensus mean target stands at HK$694.01, significantly above the current share price.

Southbound funds net purchased HK$376 million in the previous session, marking two consecutive days of inflows. Following a cumulative correction of approximately 15% over the prior two trading days — driven by sector-wide pressure from Alibaba's discounted share placement and reports of Nvidia building open-weight AI models to compete with Chinese counterparts — short-term oversold recovery momentum appears to be releasing. Market participants are now focused on whether the interim results can validate the sustainability of ARR growth and the commercialization trajectory of the H3 multimodal model and MiniMax Design product.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)