The startup’s IPO debut outshines Zhipu AI, after raising HK$4.8 billion to fund research and development Read more at The Business Times.
MiniMax, China’s second ‘AI tiger’ to go public, soars in Hong Kong debut
By Yantoultra Ngui, Kane Wu and Liam MoSINGAPORE/HONG KONG/BEIJING, Jan 9 (Reuters) - MiniMax Group, the second so-called Chinese "AI tiger" to go public, rocketed 78% higher on its first day of Hong ...
Hong Kong Tech Firms Win Big at CES 2026 with Frontier Tech Innovations to Draw Global Buyer Interest
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 16,000 research professionals and around 2,600 ...
Chinese AI start-up MiniMax shines on Hong Kong IPO debut
The shares opened 42.7 per cent higher from their IPO price to trade at HK$235.40, valuing the company at US$9.3 billion.
Hong Kong Tech Exhibits Immense Potential at CES 2026 with 61 Tech Companies Ready for Global Markets, Largest-ever Hong Kong Tech Pavilion features 3 Innovation Award-winning …
Taking centre stage this year, Hong Kong Tech Pavilion stars with several CES Innovation Award winning solutions, as well as world-firsts, in a display of technology strength across the Eureka Park ...
China’s AI startup MiniMax Group raises $619 million in Hong Kong IPO
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 ...
Hong Kong tech firms make strong showing at CES 2026 with award-winning innovations
Hong Kong tech companies win major awards and attract global buyers at CES 2026, reinforcing the city’s role as an international innovation hub.
China to probe Meta’s acquisition of artificial intelligence startup Manus
China said on Thursday it would assess and investigate Meta’s acquisition of artificial intelligence startup Manus, in a move highlighting its technology rivalry with the U.S.. Meta announced last ...
Zhipu AI Soars in Hong Kong Stock Market Debut as Chinese Startup Becomes World’s First LLM Firm to Go Public
(Yicai) Jan. 8 -- Shares of Knowledge Atlas Technology Joint Stock, also known as Zhipu AI, surged on their first day of trading in Hong Kong, with the Chinese startup becoming the world's first large ...
Startups go public in litmus test for Chinese AI
Leading Chinese artificial intelligence startup Zhipu AI soared as it went public in Hong Kong on Thursday, a day before rival MiniMax also makes its market debut in a litmus test for the country's ...
Hong Kong tech minister’s business trip to US axed 4 hours after announcement
The HK government has announced the cancellation of the technology minister's scheduled business trip to the United States without explanation.
Hong Kong stocks’ strong 2026 start loses steam on rising China-Japan tensions
Beijing plans to impose an immediate ban on exports to Japan with potential military use, with the possibility of additional measures.
Chinese AI startups beat U.S. rivals to market with Hong Kong IPOs
Two fast-growing Chinese artificial intelligence firms, which are Zhipu AI and MiniMax, are set to debut on the Hong Kong Stock Exchange ...
Asian Financial Forum to debut Global Business Summit in Hong Kong
The 19th Asian Financial Forum will be held on Jan. 26 and 27 in Hong Kong, featuring the inaugural Global Business Summit that spotlights the deep ...