MiniMax Group is trading at HK$370.60, up +6.19%, after first-half revenue surged 283.1% to US$116.6 million.
- Gross profit rose 464.8%, while gross margin improved to 17.9%.
- MiniMax connected H3 Max models to its open platform and MiniMax Design, with optimized inference speeds.
- Adjusted net loss widened to US$293.0 million, creating valuation and profitability concerns; the move appears primarily company-driven as market-wide conditions remained broadly mixed.