Chinese AI unicorn MiniMax soars 109 percent in Hong Kong debut | The Express Tribune
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Chinese AI unicorn MiniMax soars 109 percent in Hong Kong debut | The Express Tribune
Shares in Chinese AI startup MiniMax soared 109 percent as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong investor demand is rewarding the country's rapidly developing sector. Rival firm Zhipu AI also saw gains, jumping 20.6 percent on its second trading day aft»»»
Chinese AI unicorn MiniMax surges 109pc in Hong Kong IPO, nets US$619m
HONG KONG, Jan 9 — Shares in Chinese AI startup MiniMax soared 109 per cent as it went public in Hong Kong on Friday, raising US$619 million (RM2.5 billion) in a sign that strong investor demand is rewarding the country’s rapidly developing sector. Rival firm Zhipu AI also saw gains, jumping 20.6 p»»»
Chinese AI unicorn MiniMax soars in Hong Kong debut
Founded in 2022, MiniMax has 200 million users and runs several applications, including its flagship video generator, Hailuo AI. (MiniMax pic) HONG KONG: Shares in Chinese AI startup MiniMax soared as much as 78% as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong»»»
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