This afternoon at 4:00, after the Hong Kong stock market close, Minimax will release its earnings report. Volatility is expected to be very high.
This year’s listed stock price trend: it bottomed out after an 80% drawdown, as the market debated the turning point in profitability
Since being listed in January 2026, MINIMAX’s share price surged and hit a high of HK$1,330 in March. However, due to multiple factors—including the overvaluation and high-volatility characteristics of unprofitable large-model companies, the fading of the earlier scarcity-premium, and increased supply during the lock-up expiration period—its share price subsequently entered a deep correction, with the maximum drawdown exceeding 80%. $MINIMAX
This year’s listed stock price trend: it bottomed out after an 80% drawdown, as the market debated the turning point in profitability
Since being listed in January 2026, MINIMAX’s share price surged and hit a high of HK$1,330 in March. However, due to multiple factors—including the overvaluation and high-volatility characteristics of unprofitable large-model companies, the fading of the earlier scarcity-premium, and increased supply during the lock-up expiration period—its share price subsequently entered a deep correction, with the maximum drawdown exceeding 80%. $MINIMAX
