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Tag: business

Posted on 09/01/2026

MiniMax surges 109% in Hong Kong debut

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.

Posted on 09/01/2026

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 ...

Posted on 09/01/2026

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 ...

Posted on 09/01/2026

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.

Posted on 09/01/2026

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 ...

Posted on 09/01/2026

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 ...

Posted on 09/01/2026

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.

Posted on 08/01/2026

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 ...

Posted on 08/01/2026

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 ...

Posted on 08/01/2026

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 ...

Posted on 08/01/2026

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.

Posted on 07/01/2026

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.

Posted on 06/01/2026

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 ...

Posted on 06/01/2026

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 ...

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