Morgan Stanley assigns MINIMAX a buy rating with a target price of HK$990.

Gate News: On March 20, Morgan Stanley released a research report on MINIMAX (Hong Kong stock code 00100.HK), giving it an overweight rating with a target price of HKD 990, corresponding to a 2027 price-to-sales ratio of 56. The report states that MINIMAX has rapidly iterated its large model to version M2.7, significantly improving OpenClaw performance and approaching Sonnet4.6 levels, while also strengthening AI native capabilities and Agent ecosystem development, driving future token growth potential.

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