MiniMax Group is trading 5% down at HK$234.80 as investors take profits following a sharp multi-day rally fueled by the launch of its H3 text-to-video model.
- The stock has experienced significant volatility, posting double-digit gains in prior sessions driven by optimism surrounding the new AI capabilities.
- Today's pullback is viewed as a period of consolidation rather than a reaction to any new negative company-specific developments.