Changes in Hong Kong stocks | MINIMAX-W (00100) rose more than 6% and recently officially entered the Hong Kong Stock Exchange Technology 100 Index

The Zhitong Finance App learned that MINIMAX-W (00100) rose more than 6%. As of press release, it had risen 5.32% to HK$376.4, with a turnover of HK$3,091 billion.

According to the news, the Hong Kong Stock Exchange recently announced that MINIMAX has complied with the HKEx Technology 100 Index quick inclusion rules. It will be included in the Hong Kong Stock Exchange Technology 100 Index and the Hong Kong Stock Exchange Technology and US Technology 100 Index after the market closes on August 12, and will officially take effect on August 13. It is worth noting that MINIMAX was included in the Hong Kong Stock Connect on August 6.

Yamato released a research report saying that MINIMAX has steadily narrowed the capability gap with leading Western model developers while maintaining a strong cost efficiency advantage. Despite significantly lower R&D expenses and fewer resources, its flagship M3 model still ranks competitively in global benchmarks, highlighting the company's strength in model development and execution. The bank believes that MINIMAX's differentiated cost performance positioning enables it to capture the growing demand for AI well, especially for cost-sensitive enterprises and developers.