On August 5, adjustments were made to the Hong Kong Stock Connect eligible securities list, bringing in a number of new targets including MiniMax. The changes took effect starting August 6. By the close of trading on the 5th, MiniMax had climbed more than 10 percent.
Just days earlier, MiniMax officially open-sourced its next-generation general-purpose multimodal generation model, MiniMax H3. The model has already claimed the number one spot on both the Artificial Analysis video editing leaderboard and the Arena image-to-video ranking.