MINIMAX

MINIMAX-W 00100.HK Price

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MINIMAX
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*Data last updated: 2026-04-22 01:59 (UTC+8)

As of 2026-04-22 01:59, MINIMAX-W 00100.HK (MINIMAX) is priced at $0, with a total market cap of --, a P/E ratio of 0.00, and a dividend yield of 0.00%. Today, the stock price fluctuated between $0 and $0. The current price is 0.00% above the day's low and 0.00% below the day's high, with a trading volume of --. Over the past 52 weeks, MINIMAX has traded between $0 to $0, and the current price is 0.00% away from the 52-week high.

MINIMAX Key Stats

P/E Ratio0.00
Dividend Yield (TTM)0.00%
Shares Outstanding0.00

Learn More about MINIMAX-W 00100.HK (MINIMAX)

Gate Learn Articles

MiniMax’s Funding Journey: Four Years, Seven Rounds—Who’s Fueling China’s First Major AI Investment Boom

The author provides a comprehensive analysis of diverse investment approaches, spanning miHoYo, insurance capital, and manufacturing family offices. He frames the IPO as the beginning of the next competitive phase, not the ultimate goal. This perspective highlights the core nature of the industry: commercialization is still unclear, while R&D spending remains relentless.

2026-01-12

2026: The AI sector has entered a new phase—how can entrepreneurs adjust their strategies to optimize their algorithms?

This article starts by examining Meta and Manus, along with the public listings of Zhipu and MiniMax, to break down the criteria for AI products transitioning from interesting demos to meaningful deployment—shifting from specialized applications to general-purpose platforms.

2026-01-14

Technological Twins in a Polarized Era: The Two-Pole Civilizations of AI and Blockchain

Amid escalating geopolitical tensions and the rapid rise of AI, artificial intelligence and blockchain are emerging as complementary forces—twin pillars of a new civilization. Together, they will enable payment systems for billions of intelligent agents, establish the framework for Mars colonization, prevent AI from becoming the exclusive tool of major corporations, and ensure blockchain transcends the role of a simple ledger. In unison, these technologies will shape a new paradigm for civilization in an increasingly polarized world.

2026-03-26

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MINIMAX-W 00100.HK (MINIMAX) Latest News

Hot Posts About MINIMAX-W 00100.HK (MINIMAX)

Huoshan

Huoshan

57 minutes ago
ByteDance Coding Plan Explodes with Updates! Kimi-K2.6, GLM-5.1, MiniMax-M2.7 All Launching, just 40 yuan a month for unlimited use, no more fighting for slots! Brothers, good morning! As soon as I opened my phone, I saw the ByteDance Coding Plan push notification, and I was instantly thrilled! Previously, everyone stayed up late every day to grab good models, guarding against flash sales. Now—Kimi-K2.6, GLM-5.1, MiniMax-M2.7, the three top-tier models are all available at once, fully open for supply! Activation only costs 40 yuan/month, use it whenever you want, no waiting! I immediately clicked to activate, and when I entered the dashboard, I saw the model list rapidly expanding with three powerful tools. That feeling of excitement in my heart... Tsk tsk, it really feels like the first time I used Linux command line to master the system—finally keeping up with the times! How fierce is this wave of updates? 🔹 Kimi-K2.6: The ceiling of long context understanding, can directly organize your code repository, making complex business logic and debugging old projects a breeze—like a dimensionality reduction attack. 🔹 GLM-5.1: Chinese comprehension and logical reasoning have taken another leap, writing product documentation, requirement breakdowns, and code comments clearer than many product managers. 🔹 MiniMax-M2.7: Creative coding + multimodal capabilities fully maxed out, generating code while helping you optimize UI interactions or even directly produce diagrams and plans. In the past, to use a certain model, you had to cobble together accounts and open multiple ones. Now, a single Volcano Ark Coding Plan covers everything—saving effort, money, and hair! Coding Plan: New users get an ultra-low discount for the first month. Management portal access here:
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GateBlog

GateBlog

21 hours ago
In 2026, domestic AI large model tracks became one of the hottest trends in the capital market. Following Zhipu, MINIMAX (00100.HK) listed on the Hong Kong Stock Exchange in January this year, quickly attracting a large influx of funds with its globally leading multimodal model capabilities and rapidly growing overseas revenue. However, after a short-term surge, MINIMAX's stock price experienced a noticeable correction and sharp volatility since April. What is the recent trend of MINIMAX? What are the driving factors behind it? How can investors participate in trading through the Gate TradFi platform? ![](https://img-cdn.gateio.im/social/moments-03445d4fe327b676518d53f2bbfd4ade) ## The Myth of Explosive Growth Since Listing: From HKD 165 to the Thousand-Yuan Mark MINIMAX officially listed on the Hong Kong Stock Exchange on January 9, 2026, with an issue price of HKD 165 per share. On the first day of trading, it closed at HKD 345, a 109% increase, with a market capitalization surpassing HKD 79.04M. Subsequently, driven by the AI wave, its stock price soared steadily. On March 18, MINIMAX reached a peak of HKD 1,330 (pre-adjusted), more than 7 times the issue price, with a market value once climbing to HKD 417.62 billion. Achieving nearly a 10-fold increase in just over two months, MINIMAX became one of the most dazzling new stocks in the Hong Kong market in 2026. The core support for this rally is MINIMAX’s strong commercialization progress. According to the company's first annual report disclosed on March 2, 2025, MINIMAX achieved total revenue of USD 20.08M, a year-on-year increase of 158.9%; gross profit reached USD 214k, up 437.2%; gross margin increased from 12.2% to 25.4%. More notably, over 70% of revenue came from overseas markets, serving more than 236 million global users and 214k enterprise clients and developers. Guosheng Securities initiated coverage of MINIMAX on April 17 with a “Buy” rating and a target price of HKD 1,317, believing that programming, office agents, and multimodal creation will become the core growth drivers in the future. ## Sharp Correction Since April: Technical Signals Indicate “Sell” In April, MINIMAX’s trend showed a clear shift. On April 15, amid a generally strong Hong Kong stock market, MINIMAX fell sharply by 10.88% to HKD 847.5 per share, retracing over 36% from the March high. From a technical perspective, on April 15, data from Investing.com showed that MINIMAX displayed “sell” signals across moving averages and daily technical indicators. Latest developments on April 20–21: On April 20, according to Gate TradFi’s latest data, MINIMAX briefly rose over 4%, with volatility significantly higher than recent averages, and market activity increased markedly. On April 21, based on analyst data compiled by Bloomberg, over 90% of analysts set a target price above HKD 1,000, with an average target of about HKD 1,123. Meanwhile, the first batch of MINIMAX subscription warrants (28341) was officially listed today, with an exercise price of HKD 2,000 and an actual leverage of about two times. MINIMAX remains highly volatile recently, and the short-term direction is still unclear. ## Bull and Bear Logic Coexist: What Factors Are Behind the Correction? The recent correction of MINIMAX results from multiple factors stacking up. Initial increase and subsequent decrease in short-selling pressure: When included in short-selling initially, MINIMAX experienced a brief increase in short-selling volume, with shorted shares reaching 925.2k, corresponding to short-selling amount of HKD 665 million. But then, short-selling activity continued to decline, and by early April, shorted shares had fallen back to 157.2k, an 83% decrease from the high; short-selling amount dropped to HKD 150 million, down 77.44%. Concerns over high valuation: Some analysts pointed out that MINIMAX’s current price predicts a 2026 price-to-sales ratio exceeding 500 times, indicating a significantly high valuation. In an industry still in the “burning money for growth” stage, with most companies yet to turn profitable, whether such high valuation can be sustained remains a market focus. Fundamentals continue to improve: On the other hand, MINIMAX’s commercialization pace has not slowed. The company’s 2025 revenue from AI-native products reached USD 925.2k, up 143.4% year-on-year; revenue from open platform reached USD 157.2k, up 197.8%. By February 2026, the daily token consumption of the M2 series text models had increased more than sixfold compared to December 2025, with annual recurring revenue (ARR) exceeding USD 150 million. Overall, the short-term correction more reflects profit-taking after the surge and valuation digestion. The medium- and long-term trend still depends on the company’s technological iteration, commercialization progress, and the overall global AI industry trend. ## How to Trade MINIMAX Stocks on Gate TradFi? Gate TradFi provides users with a convenient channel to participate directly in MINIMAX’s CFD trading with USDT, without needing to open a traditional stock account. Information on MINIMAX listing on Gate TradFi: On April 14, Gate TradFi officially launched the MINIMAX (MINIMAX-W 00100.HK) CFD trading pair, supporting a fixed 4x leverage, with a minimum order size of 0.1. At the same time, 15 other Hong Kong stock CFD trading pairs, including Tencent, Meituan, Xiaomi, Kuaishou, and Zhipu, were also launched. Complete process for first-time trading of MINIMAX: Step 1: Enter the Gate TradFi zone. Open the Gate App (must update to V8.4.0 or above) or Gate website, and select the “TradFi” tab in the navigation bar. Step 2: Complete identity verification and permission activation. After completing KYC, apply for TradFi trading permission. Note: TradFi activation is gradually released based on quotas; once approved, the system will automatically enable it, and refreshing the page will take effect. Step 3: Deposit USDT. Transfer USDT into your Gate account as collateral for MINIMAX CFD trading. Step 4: Select MINIMAX trading product and start trading. Find the MINIMAX (MINIMAX-W 00100.HK) CFD in the stock zone, choose buy or sell, set trading volume (minimum 0.1) and leverage (fixed at 4x), then confirm to place the order. Core advantages of Gate TradFi: Gate TradFi’s zone uses USDT as collateral, supporting trading in stocks, precious metals, forex, and global indices, with a unified account system for centralized management of crypto and traditional assets. From early 2025 to February 2026, the total trading volume of Gate’s stock token zone exceeded USD 140 billion, with over 298k on-chain addresses holding stock tokens worldwide. Additionally, Gate launched TradFi trading API in February 2026, providing systematic infrastructure for institutional and advanced investors managing multiple assets. ## Risk Reminder: High Volatility of AI Concept Stocks Cannot Be Ignored The AI large model track is in a rapid development stage but has not yet achieved full profitability. MINIMAX’s adjusted net loss in 2025 was USD 250 million, narrowing from previous losses, but the company remains in a high-investment phase. Regarding stock price, MINIMAX experienced dramatic fluctuations within three months—from HKD 165 to HKD 1,330, then down to HKD 847—significantly more volatile than traditional blue chips. Meanwhile, valuation logic in the Hong Kong tech sector is undergoing structural reshaping. Traditional internet companies face traffic peak pressures, while AI companies centered on large models and intelligent agents, leveraging technological iteration speed and industry application space, are attracting large capital inflows. However, this highly concentrated capital also makes related stocks vulnerable to profit-taking and sentiment shifts. ## Summary As a flagship stock in the 2026 Hong Kong AI track, MINIMAX has experienced a high-profile surge from an issue price of HKD 165 to HKD 1,330, but has also undergone a correction of over 30% since April. Short-term technical pressure, valuation concerns, and institutional long-term optimism create a clear bull-bear debate. On April 20–21, volatility intensified, with the first batch of warrants officially listed, and over 90% of analysts setting target prices above HKD 1,000. For investors wishing to participate in MINIMAX’s market through traditional financial tools, Gate TradFi offers a convenient channel to trade MINIMAX CFDs directly with USDT, supporting fixed 4x leverage without needing to open a separate stock account, integrating AI large model tracks into crypto trading strategies. It’s important to note that the high volatility of AI concept stocks entails higher market risks, and investors should make cautious decisions based on their risk tolerance, continuously monitoring company technological progress and fundamental improvements.
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BeautifulDay

BeautifulDay

04-20 10:58
#gatesquare GateSquare is no longer just a social space—it’s evolving into a full ecosystem where content, trading, and user behavior are tightly connected. If you treat it like a basic posting platform, you’re missing the real opportunity. Looking at the April 13–19 listings, there’s a clear shift toward a hybrid market structure. It’s not just about crypto anymore. AI narratives, big tech exposure, and traditional finance instruments are all being integrated into one trading environment. That means the discussions happening on GateSquare often reflect where market attention and capital are moving next. Spot listings like GENIUS and ST are largely driven by short-term attention and volatility. In contrast, the futures lineup—featuring names like TENCENT, XIAOMI, and AI-linked assets such as ZHIPU and MINIMAX—shows a deeper trend. Capital is flowing toward sectors like artificial intelligence, data infrastructure, and automation. This isn’t random hype; it’s structured narrative rotation. To actually benefit from GateSquare, posting news isn’t enough. The edge comes from adding insight—explaining why the market is moving, identifying which narratives are gaining strength, and spotting where liquidity is shifting. That’s what separates high-performing creators from the rest. Events like CandyDrop are also strategic. They’re not just rewards—they act as liquidity drivers. Increased participation boosts early trading volume in new listings, creating short-term opportunities for traders who understand timing and sentiment. The smart approach is simple: ignore noise, focus on narratives, and treat GateSquare as a market intelligence layer rather than just a content feed.#
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