HK Stock Market Move | MINIMAX-W (00100) opens nearly 3% higher; officially launches MiniMax M3.1 Flash model with usage costs reduced by 70%

MINIMAX-W (00100) opened nearly 3% higher, up 2.91% as of press time at HK$187.4, with turnover of HK$18.5157 million. On the news front, according to MiniMax's official WeChat account on October 19, the company officially released the MiniMax M3.1 Flash. Space Bunny, which previously processed over 200T tokens under an anonymous identity, was precisely an early version of MiniMax M3.1 Flash. Notably, as a new-generation Flash model, M3.1 Flash achieved generational improvements in Agentic tasks, programming, Computer Use, and cybersecurity capabilities, while online inference speed increased nearly 3-fold and usage costs were reduced by 70%.