<p>瑞士银行发布了一份研究报告指出，自上市以来，MiniMax (00100.HK) -78.500 (-10.096%) 空头头寸为 7.1477 亿；比例为 35.231%，其股价累计上涨了 371%，反映出投资者对其独特定位的认可。然而，其近期股价表现落后于同行。该券商认为市场低估了该集团在多模态协同和基础设施优势方面的突破，这些突破预计将推动下一阶段的模型升级。</p>
<p>瑞士银行预计，随着模型的不断迭代，该集团将能够优化其&#34;Harness&#34;框架的工程级设计，从而系统性地提升其人工智能代理的性能。它对 MiniMax 给予了&#34;买入&#34;评级，目标价为 1000 港元。（hc/w）（香港股票报价延迟至少 15 分钟。空头数据截至 2026-04-24 16:25。）</p>
<p>本文由人工智能自动翻译，中文版本应视为权威版本。AASTOCKS.com Limited 不保证其准确性或完整性，并对因使用此翻译而产生的任何损害或损失不承担任何责任。</p>

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<p>瑞银已将 MiniMax 的目标价格上调至 1000 港元，理由是市场低估了该公司的多模式协同效应和基础设施优势。尽管自上市以来股价累计上涨了 371%，MiniMax 近期的表现仍落后于同行。瑞银认为，持续的模型升级将提升其人工智能代理的表现，并对该股票给予 “买入” 评级</p>

<p>UBS released a research report noting that since its listing, MiniMax (00100.HK) -78.500 (-10.096%)  Short selling $714.77M; Ratio 35.231%  has seen its share price surge 371% cumulatively, reflecting investors recognition of its unique positioning. However, its recent share price performance has lagged behind peers. The broker believes the market has underestimated the Groups breakthroughs in multimodal synergies and infrastructure advantages, which are expected to drive the next phase of model upgrades.</p>
<div class="lb-trans"><p>瑞士银行发布了一份研究报告指出，自上市以来，MiniMax (00100.HK) -78.500 (-10.096%) 空头头寸为 7.1477 亿；比例为 35.231%，其股价累计上涨了 371%，反映出投资者对其独特定位的认可。然而，其近期股价表现落后于同行。该券商认为市场低估了该集团在多模态协同和基础设施优势方面的突破，这些突破预计将推动下一阶段的模型升级。</p>
</div><p>UBS expects that as models continue to iterate, the Group will be able to optimize the engineering-level design of its &#34;Harness&#34; framework, thereby systematically enhancing the performance of its AI agents. It assigned a &#34;Buy&#34; rating to MiniMax with a target price of HKD1,000. (hc/w)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)</p>
<div class="lb-trans"><p>瑞士银行预计，随着模型的不断迭代，该集团将能够优化其&#34;Harness&#34;框架的工程级设计，从而系统性地提升其人工智能代理的性能。它对 MiniMax 给予了&#34;买入&#34;评级，目标价为 1000 港元。（hc/w）（香港股票报价延迟至少 15 分钟。空头数据截至 2026-04-24 16:25。）</p>
</div><p>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</p>
<div class="lb-trans"><p>本文由人工智能自动翻译，中文版本应视为权威版本。AASTOCKS.com Limited 不保证其准确性或完整性，并对因使用此翻译而产生的任何损害或损失不承担任何责任。</p>
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瑞银将 MINIMAX-W 的目标价上调至 1000 港元，表示市场低估了多模态协同效应