Will's Blog: Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share (Jeanny Yu/Bloomberg)

9 January 2026

Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share — MiniMax Group Inc., one of China's largest generative AI startups, surged in Hong Kong after an initial public offering that raised $619 million.

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