$Z.AI(02513.HK) Goldman Sachs raised its full-year revenue forecast for this company by 35%, referring to the API segment. This line has no profit; the ruler only measures revenue—the denominator is larger, so even if the price stays the same, the multiple becomes cheaper. However, what was adjusted is merely the figure on paper, not the 口径 (caliber/basis) provided by the company itself. $MINIMAX-W(00100.HK)
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