MiniMax (100.HK) climbed 4.3% during regular trading to HK$377.
Societe Generale initiated coverage on the artificial-intelligence company with an outperform rating and a HK$600 target price. The stock was the most actively traded name in the Shanghai-Hong Kong Stock Connect last Friday, drawing net inflows of about HK$280 million. Separately, reports indicate that MiniMax and peer Kimi are preparing to open flagship stores on Tmall to expand consumer access to their AI services.