Core Insights - MiniMax, a leading global artificial general intelligence (AGI) company, went public on the Hong Kong Stock Exchange, achieving a market capitalization exceeding HKD 76.3 billion shortly after its debut [1][2]. Fundraising and Market Response - The company issued approximately 33.58 million shares at the upper limit price of HKD 165 per share, raising a total of approximately HKD 5.54 billion. The public offering was oversubscribed by 1,837 times, while the international offering saw a 37 times oversubscription [3]. - Notable cornerstone investors included Aspex, Eastspring, Mirae Asset, ADIA, Alibaba, and E Fund, indicating strong backing from various investment types, including international long-term, leading technology, and strategic industry investors [3]. Company Performance and User Base - As of September 2025, MiniMax has over 212 million individual users across more than 200 countries and regions, showcasing its extensive global reach [3]. - The company reported a revenue growth of over 170% year-on-year for the first nine months of 2025, with over 70% of its revenue coming from international markets, reflecting a robust and diversified revenue structure [2][3]. Leadership Vision - The founder and CEO of MiniMax, Yan Junjie, emphasized that the true value of an AI company lies in its ability to continuously provide advanced intelligence for societal and economic development [4].
MiniMax港股IPO，市值破 763 亿港元
Xin Lang Cai Jing·2026-01-09 02:06