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

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

101 finance101 finance2026/01/08 15:00
By:101 finance

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)

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