{"id":984455,"date":"2026-01-10T08:05:26","date_gmt":"2026-01-10T02:35:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=984455"},"modified":"2026-01-10T08:15:20","modified_gmt":"2026-01-10T02:45:20","slug":"chinese-ai-unicorn-minimax-soars-109-percent-in-hong-kong-debut","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/01\/10\/chinese-ai-unicorn-minimax-soars-109-percent-in-hong-kong-debut\/","title":{"rendered":"Chinese AI unicorn MiniMax soars 109 percent in Hong Kong debut"},"content":{"rendered":"<p>Shares in Chinese AI startup MiniMax soared 109 percent as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong investor demand is rewarding the country&#8217;s rapidly developing sector.<\/p>\n<p>Rival firm Zhipu AI also saw gains, jumping 20.6 percent on its second trading day after its own US$558 million initial public offering.<\/p>\n<p>This week&#8217;s flotations come before any IPO announcements from top US startups OpenAI, the maker of ChatGPT, and Anthropic, known for its Claude chatbot.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares in Chinese AI startup MiniMax soared 109 percent as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong investor demand is rewarding the country&#8217;s rapidly developing sector. Rival firm Zhipu AI also saw gains, jumping 20.6 percent on its second trading day after its own US$558 million initial public offering. This week&#8217;s flotations come before any IPO announcements from top US startups OpenAI, the maker of ChatGPT, and Anthropic, known for its Claude chatbot.<\/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-984455","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\/984455","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=984455"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/984455\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=984455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=984455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=984455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}