MiniMax AI Startup Prices IPO at Top Range
Update: 2026-01-05
Description
MiniMax Group, a Chinese AI startup, is poised to price its Hong Kong IPO at the upper end of its range, with strong investor interest and oversubscribed books. The company, founded by former SenseTime executive Yan Junjie, specializes in multimodal AI models that handle various media types. Bookbuilding for institutional investors concludes today, with final pricing and market debut set for tomorrow and next week, respectively. This development reflects confidence in Chinas AI sector amid global competition. Checkout Solipillow.com
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