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China AI firm MiniMax set to surge in Hong Kong debut

China AI firm MiniMax set to surge in Hong Kong debut

101 finance101 finance2026/01/09 01:33
By:101 finance

SINGAPORE, Jan 9 (Reuters) - Chinese artificial ​intelligence model ‌developer MiniMax Group ‌is set to jump on its Hong Kong ⁠market ‌debut on Friday after ‍raising HK$4.82 billion ($618.6 million), extending a flurry ​of tech ‌listings in the city.

Shares of the company are set to ⁠open at ​HK$235.40, 42.3% ​higher than its offer price ‍of ⁠HK$165.00 each.

(Reporting by Yantoultra Ngui ⁠and Yiming Shen; ‌Editing by ‌Jacqueline Wong)

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