{"id":984235,"date":"2026-01-09T07:37:28","date_gmt":"2026-01-09T02:07:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=984235"},"modified":"2026-01-09T07:37:31","modified_gmt":"2026-01-09T02:07:31","slug":"chinas-ai-startup-minimax-group-raises-619-million-in-hong-kong-ipo","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/09\/chinas-ai-startup-minimax-group-raises-619-million-in-hong-kong-ipo\/","title":{"rendered":"China&#8217;s AI startup MiniMax Group raises $619 million in Hong Kong IPO"},"content":{"rendered":"<p>Chinese \u200dartificial intelligence startup MiniMax Group said on Thursday it raised HK$4.82 billion ($618.60 million) \u2060in its Hong Kong initial public offering after pricing shares at HK$165 each. <\/p>\n<p>The company, one of the first large-language model developers in the country \u200cto seek \u200ca listing, sold 29.2 million shares in the IPO at the top end \u200cof its marketed range. It had previously offered to sell about 25.4 million shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese \u200dartificial intelligence startup MiniMax Group said on Thursday it raised HK$4.82 billion ($618.60 million) \u2060in its Hong Kong initial public offering after pricing shares at HK$165 each. The company, one of the first large-language model developers in the country \u200cto seek \u200ca listing, sold 29.2 million shares in the IPO at the top end \u200cof its marketed range. It had previously offered to sell about 25.4 million shares.<\/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-984235","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\/984235","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=984235"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/984235\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=984235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=984235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=984235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}