MINIMAX-W Soars 5.52% to HK$267.8 on August 6 Entry into Southbound Connect

According to Zhitong Finance, MINIMAX-W (ticker: 00100) surged 5.52% to HK$267.8 on August 6, with trading volume reaching HK$81.81 million, as the stock formally entered the Hong Kong-Shanghai-Shenzhen Connect program.

Based on a recent deep research report from Zhongtai Media, the company's Annual Recurring Revenue (ARR) grew rapidly from approximately $100 million in December 2025 to $430 million in April 2026. Token consumption increased 152% between February and June 2026, demonstrating accelerating conversion of model capabilities into commercial revenue. Management expressed confidence in achieving at least $1 billion ARR by end of 2026.