Back    Zoom +    Zoom -
<IPO>CN AI Startups MiniMax, Zhipu Plan to List in HK in Jan 2026: Wire
Recommend
25
Positive
35
Negative
14
Two Chinese AI startups, naming MiniMax and Zhipu, are seen as potential competitors to OpenAI and plan to list in Hong Kong within the coming weeks, Bloomberg quoted sources as saying.

It is reported that Shanghai-based MiniMax intended to conduct an IPO as early as January 2026, with support from companies such as BABA-W (09988.HK) and TENCENT (00700.HK), aiming to raise hundreds of millions of USD. Zhipu, also supported by BABA-W and TENCENT, planned to list in the same period.

Related NewsM Stanley Forecasts Food Delivery Competition to Peak in 3Q, Prefers Alibaba Group/ PDD Within E-commerce

AASTOCKS Financial News
Website: www.aastocks.com