Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush

Share via:



Chinese AI startup MiniMax Group spearheaded ⁠six Hong Kong listings worth HK$16.7 billion ($2.15 billion) launched on Wednesday, exchange filings showed, as AI and chipmakers power the city’s equity markets comeback and set the tone for 2026.

Hong Kong has raised $36.5 billion from 114 new listings in 2025, for its strongest year since 2021, and more ‌than triple the roughly $11.3 ‌billion raised in 2024, LSEG data shows.

MiniMax seeks to raise up to HK$4.19 billion from 25.4 million shares priced in a range of HK$151.00 to HK$165.00 ‌each,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rush



Chinese AI startup MiniMax Group spearheaded ⁠six Hong Kong listings worth HK$16.7 billion ($2.15 billion) launched on Wednesday, exchange filings showed, as AI and chipmakers power the city’s equity markets comeback and set the tone for 2026.

Hong Kong has raised $36.5 billion from 114 new listings in 2025, for its strongest year since 2021, and more ‌than triple the roughly $11.3 ‌billion raised in 2024, LSEG data shows.

MiniMax seeks to raise up to HK$4.19 billion from 25.4 million shares priced in a range of HK$151.00 to HK$165.00 ‌each,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

The AI balancing act your company can’t afford to...

Follow ZDNET: Add us as a...

Slashdot Asks: Your Favorite 2025 Movies, TV Shows and...

Another year wraps up, and with it comes...

Chrome for Android is fixing an annoying Reading mode...

Andy Walker / Android AuthorityTL;DR Chrome for Android is testing...

Popular