Morgan Stanley: Maintains "Overweight" rating on MiniMax-W (00100), target price HK$900

Zhitong Finance APP has learned that Morgan Stanley issued a research report stating that it maintains the target price of MiniMax (00100) at HK$900, with a "Overweight" rating; the bank noted that MiniMax has officially launched the lightweight large language model M3.1 Flash. Although the parameter scale and licensing details have not yet been fully disclosed, its pricing is competitive among major lightweight large language models in China, and the cost of executing agent tasks is also at a favorable level.