May. 27 at 8:47 AM
$MNSO Minimax's market cap is now
$30B. Its AI Video Generator Hailuo AI currently ranked #1 spot in the world. Also MNSO's stake in YongHui supermarket(SH:601933) currently worth
$1.5B USD. Half of the market cap is its investment despite MNSO is a growing company trading at a forward PE of 7.5x. The SSSG is still at mid-single digit growth while its exposure in the world is still tiny and topline growth is projected to be mid teen.