Chinese AI startup MiniMax's stock closed up 109% in its Hong Kong debut on January 9, after raising ~$619M in its IPO, which was priced at ~$21.17 per share (Jeanny Yu/Bloomberg) 09-01-2026

Jeanny Yu / Bloomberg:
Chinese AI startup MiniMax’s stock closed up 109% in its Hong Kong debut on January 9, after raising ~$619M in its IPO, which was priced at ~$21.17 per share — MiniMax Group Inc., one of China’s largest generative AI startups, surged in Hong Kong after an initial public offering that raised $619 million.