From scarcity to execution: China’s AI valuation reset
Zhipu and MiniMax have lost more than 40% of their market value in just two weeks, as investors reassess the true worth of China's large language model developers By…
Fear of missing out fuels Chinese instant commerce bids, as reality bites Hong Kong AI stock bubble
"There's no way that this acquisition could help them rebuild their image strongly enough that they could eventually do a listing in the U.S." (speaking on why some Hong Kong-listed…
Unsated by Hong Kong listing, Knowledge Atlas seeks more funds in Shanghai
Just five months after its Hong Kong IPO, the capital-hungry AI large model company has launched a plan to list on Shanghai’s Nasdaq-style STAR market Key Takeaways: Knowledge Atlas plans…
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…
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