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MiniMax Shares Surge 92% from Low, Market Cap Hits HK$124.96B

MiniMax’s stock price has surged over 92% from its recent low, pushing its total market capitalization to HK$124.956 billion. The sharp rally reflects strong investor interest in the AI company.

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AI take

The 92% rebound from the low signals a decisive shift in market sentiment toward MiniMax, with valuation now commanding a substantial premium. This move appears driven by broader AI enthusiasm rather than company-specific fundamentals, given the sparse detail in the report. The key question is whether this rally sustains on trading volume and institutional participation, or if it reflects speculative churn in a thin float. For the AI sector, such a sharp re-rating underscores how quickly capital can concentrate in perceived leaders, making liquidity and news flow the near-term watchpoints.

Generated by AI for reference only.

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