STOCKS | JPMorgan Cuts MiniMax to Neutral, Slashes Target to HK$400 From HK$1,100
2026-06-15 02:15:42
JPMorgan downgraded MiniMax (0100) to “neutral” and cut its target price to HK$400 from HK$1,100. according to Ming Pao, Bloomberg reported JPMorgan said that compared with peers, MiniMax has not launched a new domestic SOTA (state-of-the-art) model since its M2 model, and that in terms of pure model capability it is still in a catch-up phase.
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