Citi: More positive views on MiniMax-W (00100.HK) M3 after the first wave of third-party verification data is released.

According to the Securities Times APP, Morgan Stanley released a research report stating that after the release of the first batch of third-party verification data, the view on MiniMax-W (00100.HK) M3 has further shifted towards the positive. At the launch, the firm stated in the report on June 1 that the high-end pricing of M3 was a strong signal of MiniMax's ambition to pursue SOTA, at that time lacking primarily independent user feedback, third-party benchmark testing verification, and actual token consumption data.