BRIEF: MiniMax explores STAR Market listing in Shanghai
AI company MiniMax Group Inc. (0100.HK) said on Sunday that it is exploring a potential second listing on the Nasdaq-style STAR Market in Shanghai to complement its existing listing in…
BRIEF: MiniMax’s loss widens slightly as revenue surges
Autonomous driving technology company MiniMax Group Inc. (0100.HK) reported on Monday its revenue surged 158.9% last year to $79.04 million, as its loss ballooned 302% to $1.87 billion. The sharp…
BRIEF: MiniMax shares soar in Hong Kong debut
Shares of AI company MiniMax Group Inc. (0100.HK) jumped in their Hong Kong trading debut on Friday, after it raised HK$4.6 billion ($590 million) by selling 29 million shares to…
BRIEF: MiniMax cleared by China’s securities regulator for Hong Kong IPO
AI company MiniMax Group Inc. was cleared by China’s securities regulator on Monday for a Hong Kong IPO, just days after it passed its listing hearing with the Hong Kong…
The business of ‘Knowing You’: AI companions fuel the emotion economy
Artificial intelligence is learning to ‘understand’ people to create a new wave of AI companionship that’s quietly reshaping how people connect with technology and themselves By Lee Shih Ta…
Zhipu in race to become first to list among new generation of Chinese ‘AI tigers’
The company, which focuses on large language models for enterprise clients, has raised 2 billion yuan this year, from mostly government sources Key Takeaways: Zhipu AI is aiming to become…
CHINA BULLETIN: Consumers Say ‘No’ to Chinese Goods
In this week’s issue exports and factory prices sag, Huawei takes a new blow and Sequoia splits. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.