Chinese generative AI startup MiniMax Group plans to raise up to $2 billion through new share issuances and convertible bond sales, just months after its Hong Kong IPO raised $619 million. The capital…
Hong Kong's Hang Seng Index fell 2.3% on Friday, heading for a 5.8% weekly loss, its worst in over a year, as a renewed sell-off in technology stocks gripped Asian markets. The decline was exacerbated…
Hong Kong faces a record US$274 billion wave of lock-up expirations this year, threatening to flood the market with freed shares from IPOs. Analysts warn of potential price pressure but see opportunit…
MiniMax Group, the Shanghai-based AI company valued at roughly $33 billion, filed an A-share listing guidance report with the Shanghai Securities Regulatory Bureau on May 29 to pursue a second public …