{"id":947164,"date":"2025-07-17T06:48:26","date_gmt":"2025-07-17T01:18:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=947164"},"modified":"2025-07-17T07:00:20","modified_gmt":"2025-07-17T01:30:20","slug":"chinese-ai-firm-minimax-targets-4-billion-plus-valuation-in-hong-kong-ipo-sources-say","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/17\/chinese-ai-firm-minimax-targets-4-billion-plus-valuation-in-hong-kong-ipo-sources-say\/","title":{"rendered":"Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources say"},"content":{"rendered":"<p>Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year, three people with knowledge of the matter said.<\/p>\n<p>MiniMax could raise HK$4 billion to HK$5 billion ($510 million to $637 million) in the IPO, one of the sources said.<\/p>\n<p>China International Capital Corp and UBS have been hired as sponsors for the IPO, the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese AI startup MiniMax has filed confidentially for a Hong Kong initial public offering, targeting a valuation of over $4 billion in the flotation, which could happen before the end of this year, three people with knowledge of the matter said. MiniMax could raise HK$4 billion to HK$5 billion ($510 million to $637 million) in the IPO, one of the sources said. China International Capital Corp and UBS have been hired as sponsors for the IPO, the sources said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-947164","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=947164"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947164\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=947164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=947164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=947164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}