🔴 MiniMax Group is trading 7.5% down today as DeepSeek cuts prices

MiniMax Group is trading 7.5% down at HK$233.40 after continued concern that DeepSeek’s lower DS V4 Flash pricing will intensify competition across China’s AI-model market.

• DeepSeek cut cached-input prices by 60%, non-cached input by 33%, and output by 11%, effective September 10.
• Its V4.1 Flash rollout began September 14.
• MiniMax has declined for six consecutive sessions, reflecting sustained sector pressure.