AITechNode6 months ago
MiniMax surges 70% on Hong Kong debut, tops $11.5B
3 min read
MiniMax, an AI firm backed by MiHoYo, surged over 70% on its Hong Kong Stock Exchange debut, pushing market value above HK$90 billion ($11.5 billion). Founded by former SenseTime VP Yan Junjie, the company develops multimodal foundation models and listed under code 00100.HK.
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