JPMorgan Chase gives MiniMax an 'increase' rating and target price of HKD 1100

According to a research report by JPMorgan, the M3 model launched by MiniMax is priced higher than M2.7 and M2.5, reflecting a premium in capability. The bank believes that the premium of M3 needs more feedback and verification from developers, and has given it an "increase in holdings" rating and a target price of HKD 1100.