Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO priced at ~$21.17 per share (Jeanny Yu/Bloomberg)

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Jeanny Yu / Bloomberg:

Chinese AI startup MiniMax jumped as much as 54% in its Hong Kong debut on Friday, after raising ~$619M in its IPO 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.





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