{"id":12044,"date":"2025-12-12T03:29:22","date_gmt":"2025-12-12T03:29:22","guid":{"rendered":"https:\/\/jobuzo.com\/en\/chinas-generative-ai-tiger-minimax-pursues-hong-kong-ipo-to-expand-global-reach\/"},"modified":"2025-12-12T03:29:22","modified_gmt":"2025-12-12T03:29:22","slug":"chinas-generative-ai-tiger-minimax-pursues-hong-kong-ipo-to-expand-global-reach","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/chinas-generative-ai-tiger-minimax-pursues-hong-kong-ipo-to-expand-global-reach\/","title":{"rendered":"China\u2019s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach"},"content":{"rendered":"
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Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and domestic rivals<\/span>, according to a person familiar with the matter.<\/div>\n

The Shanghai-based firm, backed by Alibaba Group Holding and Tencent Holdings, was aiming for a listing as early as January, the person said. The IPO size had not been finalised, despite a July media report suggesting a range between HK$4 billion (US$514 million) and HK$5 billion, another source said. Alibaba owns the South China Morning Post.<\/p>\n

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The listing is pending approval from the China Securities Regulatory Commission after the company filed its listing application with the Hong Kong stock exchange confidentially<\/span>.<\/div>\n
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MiniMax founder Yan Junjie is focusing on developing multimodal AI models. Photo: Handout<\/figcaption><\/figure>\n<\/div>\n<\/div>\n

Domestic rival Zhipu was reportedly considering a Hong Kong listing around the same time. MiniMax and Zhipu are among the four new generative AI tigers of China – along with Baichuan and Moonshot AI.<\/p>\n

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MiniMax and Ziphu declined to comment.<\/p>\n<\/div>\n

China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese artificial intelligence start-up MiniMax plans to channel funds from its proposed Hong Kong initial public offering (IPO) into research and development as it seeks to compete with global and domestic rivals, according to a person familiar with the matter. The Shanghai-based firm, backed by Alibaba Group Holding and Tencent Holdings, was aiming for a…<\/p>\n

Read More “China\u2019s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":12045,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/12044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=12044"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/12044\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/12045"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=12044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=12044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=12044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}