Group 1 - MiniMax, a Chinese AI startup, plans to set its IPO price at the upper end of the range, potentially issuing shares at HKD 165 each [1] - The IPO is expected to raise at least HKD 4.2 billion (approximately USD 538 million) if priced at HKD 165, with a valuation between HKD 46.123 billion and HKD 50.399 billion [1] - The company has received strong demand from investors, leading to an early closure of the order book on January 5, one day ahead of schedule [1] Group 2 - MiniMax focuses on developing general AI models and has launched several AI-native products, covering over 200 countries and regions with more than 212 million personal users as of September 2025 [2] - The company's revenue grew by over 170% year-on-year in the first nine months of 2025, with over 70% of revenue coming from international markets [2] Group 3 - The company is set to officially list on the Hong Kong Stock Exchange on January 9, with the stock code "0100.HK" [3]
165港元最高定价！MiniMax IPO提前截飞，AI独角兽上市首日能否引爆港股？
Jin Rong Jie·2026-01-05 09:19