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China’s AI startup MiniMax Group raises $619 million in Hong Kong IPO

By Thomson Reuters Jan 8, 2026 | 8:53 AM

Jan 8 (Reuters) – Chinese artificial ‍intelligence startup MiniMax Group said ‌on Thursday ‌it has set the final offer price ​for its ‍Hong ​Kong ​initial public ‍offering at HK$165 per share, raising ‍HK$4.82 billion ($618.60 million).

($1 = 7.7918 ‍Hong ‍Kong ​dollars)

(Reporting by ​Sherin ⁠Sunny & ‌Rajasik Mukherjee in Bengaluru; Editing by Rashmi ⁠Aich)