CHINASOFT INT'L Reports Approximately RMB 90M Profit from MINIMAX-WP Investment
Investment Overview: MINIMAX-WP (00100.HK), an investee of CHINASOFT INT'L (00354.HK), was listed on the Main Board of the Stock Exchange on January 9, with a closing price of $345 per share.
Financial Impact: CHINASOFT INT'L holds 403,000 shares of MINIMAX-WP through its JointForce Fund I LP, resulting in an unaudited gain of approximately RMB89.92 million based on the initial listing price.
Market Volatility: The value of the investment is subject to fluctuations in the secondary stock market, leading to uncertainty regarding its impact on CHINASOFT INT'L's overall performance.
Short Selling Data: As of January 9, 2026, MINIMAX-WP experienced short selling amounting to $7.77 million, with a short selling ratio of 6.149%.
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CMS Launches MINIMAX-WP (00100.HK) with Strong Buy Recommendation, Anticipates Ongoing Robust Revenue Growth
Company Performance: MINIMAX-WP is projected to experience a 158.9% year-over-year revenue increase to USD79 million in 2025, despite an expected adjusted net loss of USD251 million.
Analyst Outlook: China Merchants Securities (CMS) is optimistic about MINIMAX's revenue growth due to its self-developed closed-loop model, while UBS forecasts significant revenue increases of 188%, 162%, and 107% for the years 2026 to 2028.
Future Projections: UBS anticipates MINIMAX's revenue will reach USD230 million in 2026, USD600 million in 2027, and USD1.23 billion in 2028, with adjusted net losses projected at USD490 million, USD590 million, and USD590 million for the same years.
Market Activity: The stock is currently experiencing short selling activity amounting to $171.26 million, with a short selling ratio of 4.027%.
HSI Rises 396 Points at Midday; TENCENT Increases by 5.7%; CATL Surges Over 8% After Earnings Report
US Market Performance: The DJIA rose by 239 points (0.5%) and the Nasdaq increased by 1.4% following President Trump's announcement regarding the Iran war's imminent end.
Hong Kong Stock Market: The HSI opened 331 points higher and closed up 396 points (1.6%), with significant gains in tech stocks like MINIMAX-WP and KNOWLEDGE ATLAS.
Tech Stock Trends: AI stocks continued to surge, with MINIMAX-WP and KNOWLEDGE ATLAS seeing increases of 9.5% and 6.9%, respectively, while TENCENT also experienced a notable rise.
Sector Performance: Pharmaceuticals and chip stocks showed strong performance, with several companies like 3SBIO and ILUVATAR COREX posting significant gains, while some automakers faced declines.
HSI Rises 331 Points Amid Ongoing OpenClaw Frenzy; KNOWLEDGE ATLAS Jumps 13%
Hong Kong Stock Market Performance: Hong Kong stocks opened higher, with the HSI up 1.3% at 25,740, the HSCEI up 1.1% at 8,676, and the HSTECH up 2% at 5,040.
Oil Price Decline: Oil prices fell significantly, impacting major producers like PETROCHINA and CNOOC, which saw declines of 2.4% and 2.5%, respectively.
Commodities Stocks Rebound: Commodities stocks experienced a rebound, with notable gains from SD GOLD, ZIJIN MINING, JIANGXI COPPER, and MMG, all showing increases between 2.1% and 4.1%.
Financial Sector Gains: The financial sector saw positive movement, with HSBC, HKEX, AIA, and Standard Chartered all reporting increases, particularly HSBC which rose 3.5%.
Guosen Securities Maintains Outperform Rating on MINIMAX-WP After Recent Launch of MiniMax 2.5
Guosen Securities Rating: Guosen Securities has maintained an Outperform rating on MINIMAX-WP (00100.HK), with the stock showing a price increase of +2.685% to $20.500.
Short Selling Activity: The short selling volume for MINIMAX-WP is reported at $664.71M, with a short selling ratio of 25.574%.
Product Launches: MINIMAX-WP has introduced MiniMax 2.5, which allows for the operation of complex Agents, and an expert function that enables users to customize Agents with their skills and establish SOPs.
New AI Assistant: The company has also launched MaxClaw, a cloud-based AI assistant integrated into the MiniMax Agent platform, allowing users to utilize OpenClaw without needing their own server or API Key.
China Surpasses US in AI Usage for the First Time; MINIMAX-WP Ranks Among the Top 5 Global Models
China's AI Token Demand: In February 2026, China's demand for AI tokens surged by 1.3 times, surpassing the US for the first time, according to OpenRouter data.
Top AI Models: The leading AI models in token usage included China's MINIMAX-WP and Moonshot AI, marking a shift in market dominance away from US developers.
Popular AI Models in China: The Qwen AI model series from Alibaba became the most popular among Chinese companies, nearly doubling its market share to 32.1% in the latter half of the previous year.
Other Notable Models: The top five AI models also featured Google's Gemini3 Flash Preview, China's DeepSeek V3.2, and Anthropic's Claude Sonnet4.5, highlighting a competitive landscape in AI development.
HSI Gains 605 Points at Midday; Exporter, Tech, and Commodity Stocks Surge While AI and Robotics Stocks Decline
Market Performance: The HSI rose 605 points (2.3%) to 27,019, with significant gains in the HSCEI and HSTECH, reflecting a total half-day turnover of HKD106.45 billion.
Top Gainers: Notable stock increases included TECHTRONIC IND (+3.8%), SHENZHOU INTL (+4.1%), and various mobile component and pharma stocks, with Q TECH leading at +6.3%.
Commodity Stocks Surge: A decline in the USD led to substantial gains in commodity stocks, with SD GOLD and ZHAOJIN MINING both rising over 5%, alongside other mining companies.
Tech Sector Highlights: Major tech stocks like TENCENT and MEITUAN-W saw increases of 3.2% and 6.9%, respectively, while AI model stocks faced declines, particularly KNOWLEDGE ATLAS, which dropped over 21%.
CMS Launches MINIMAX-WP (00100.HK) with Strong Buy Recommendation, Anticipates Ongoing Robust Revenue Growth
Company Performance: MINIMAX-WP is projected to experience a 158.9% year-over-year revenue increase to USD79 million in 2025, despite an expected adjusted net loss of USD251 million.
Analyst Outlook: China Merchants Securities (CMS) is optimistic about MINIMAX's revenue growth due to its self-developed closed-loop model, while UBS forecasts significant revenue increases of 188%, 162%, and 107% for the years 2026 to 2028.
Future Projections: UBS anticipates MINIMAX's revenue will reach USD230 million in 2026, USD600 million in 2027, and USD1.23 billion in 2028, with adjusted net losses projected at USD490 million, USD590 million, and USD590 million for the same years.
Market Activity: The stock is currently experiencing short selling activity amounting to $171.26 million, with a short selling ratio of 4.027%.
HSI Rises 396 Points at Midday; TENCENT Increases by 5.7%; CATL Surges Over 8% After Earnings Report
US Market Performance: The DJIA rose by 239 points (0.5%) and the Nasdaq increased by 1.4% following President Trump's announcement regarding the Iran war's imminent end.
Hong Kong Stock Market: The HSI opened 331 points higher and closed up 396 points (1.6%), with significant gains in tech stocks like MINIMAX-WP and KNOWLEDGE ATLAS.
Tech Stock Trends: AI stocks continued to surge, with MINIMAX-WP and KNOWLEDGE ATLAS seeing increases of 9.5% and 6.9%, respectively, while TENCENT also experienced a notable rise.
Sector Performance: Pharmaceuticals and chip stocks showed strong performance, with several companies like 3SBIO and ILUVATAR COREX posting significant gains, while some automakers faced declines.
HSI Rises 331 Points Amid Ongoing OpenClaw Frenzy; KNOWLEDGE ATLAS Jumps 13%
Hong Kong Stock Market Performance: Hong Kong stocks opened higher, with the HSI up 1.3% at 25,740, the HSCEI up 1.1% at 8,676, and the HSTECH up 2% at 5,040.
Oil Price Decline: Oil prices fell significantly, impacting major producers like PETROCHINA and CNOOC, which saw declines of 2.4% and 2.5%, respectively.
Commodities Stocks Rebound: Commodities stocks experienced a rebound, with notable gains from SD GOLD, ZIJIN MINING, JIANGXI COPPER, and MMG, all showing increases between 2.1% and 4.1%.
Financial Sector Gains: The financial sector saw positive movement, with HSBC, HKEX, AIA, and Standard Chartered all reporting increases, particularly HSBC which rose 3.5%.
Guosen Securities Maintains Outperform Rating on MINIMAX-WP After Recent Launch of MiniMax 2.5
Guosen Securities Rating: Guosen Securities has maintained an Outperform rating on MINIMAX-WP (00100.HK), with the stock showing a price increase of +2.685% to $20.500.
Short Selling Activity: The short selling volume for MINIMAX-WP is reported at $664.71M, with a short selling ratio of 25.574%.
Product Launches: MINIMAX-WP has introduced MiniMax 2.5, which allows for the operation of complex Agents, and an expert function that enables users to customize Agents with their skills and establish SOPs.
New AI Assistant: The company has also launched MaxClaw, a cloud-based AI assistant integrated into the MiniMax Agent platform, allowing users to utilize OpenClaw without needing their own server or API Key.
China Surpasses US in AI Usage for the First Time; MINIMAX-WP Ranks Among the Top 5 Global Models
China's AI Token Demand: In February 2026, China's demand for AI tokens surged by 1.3 times, surpassing the US for the first time, according to OpenRouter data.
Top AI Models: The leading AI models in token usage included China's MINIMAX-WP and Moonshot AI, marking a shift in market dominance away from US developers.
Popular AI Models in China: The Qwen AI model series from Alibaba became the most popular among Chinese companies, nearly doubling its market share to 32.1% in the latter half of the previous year.
Other Notable Models: The top five AI models also featured Google's Gemini3 Flash Preview, China's DeepSeek V3.2, and Anthropic's Claude Sonnet4.5, highlighting a competitive landscape in AI development.
HSI Gains 605 Points at Midday; Exporter, Tech, and Commodity Stocks Surge While AI and Robotics Stocks Decline
Market Performance: The HSI rose 605 points (2.3%) to 27,019, with significant gains in the HSCEI and HSTECH, reflecting a total half-day turnover of HKD106.45 billion.
Top Gainers: Notable stock increases included TECHTRONIC IND (+3.8%), SHENZHOU INTL (+4.1%), and various mobile component and pharma stocks, with Q TECH leading at +6.3%.
Commodity Stocks Surge: A decline in the USD led to substantial gains in commodity stocks, with SD GOLD and ZHAOJIN MINING both rising over 5%, alongside other mining companies.
Tech Sector Highlights: Major tech stocks like TENCENT and MEITUAN-W saw increases of 3.2% and 6.9%, respectively, while AI model stocks faced declines, particularly KNOWLEDGE ATLAS, which dropped over 21%.
