MiniMax (00100) shares rose over 16%, with overseas partnerships expanding the path for Chinese large models to go global.

On September 18, MiniMax (00100) rose over 16% intraday. The company has made successive progress in overseas markets, with partnerships spanning local language model development, professional applications, and public AI tool services. This month, HUMAIN, an AI company under Saudi Arabia's Public Investment Fund, released the Arabic-language model humain-m3 developed based on MiniMax M3 and opened a research preview; Genspark launched Gen-1 Slides trained on MiniMax M3, which has been used in its AI Slides standard mode; MiniMax Agent, Hailuo AI, and MiniMax Audio, through Singapore Telecommunications' Singtel AI Pass, have been included in a subscription plan bundled with Singapore government-supported AI skills courses, available to eligible trainees. Chinese large models going global are showing a new path. By supporting overseas enterprises with foundation models to develop localized and specialized products, while leveraging local channels to expand AI application coverage, this offers more possibilities for Chinese AI to integrate into overseas industrial and public service scenarios.