The Zhitong Finance App learned that Morgan Stanley released a research report stating that it maintained the MiniMax (00100.HK) target price of HK$900 and “increased” the rating; the bank indicated that MiniMax officially launched the lightweight large language model M3.1 Flash. Although the parameter scale and licensing details have not been fully disclosed, the pricing is competitive among China's major lightweight large language models, and the cost of performing agency tasks is also at a favorable level.

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