MiniMax Group, the Shanghai-based multimodal AI company, reported revenue of $116.6 million for the first half of 2026, a 283.1% increase from $30.4 million in the same period last year, driven by a 7…
Short-selling volumes for Zhipu AI (Z.AI Co.) and MiniMax Group Inc. hit all-time highs in June 2026, with Zhipu recording 178,900 shares shorted (HK$430 million) and MiniMax 239,700 shares (HK$141 mi…
More artificial intelligence companies may join the Hang Seng Index as the compiler is due to reveal its quarterly review result on Friday, with AI model developers MiniMax Group and Z.ai (Zhipu) as t…
Chinese AI video-generation models now dominate the global leaderboard, occupying nine of the top 10 text-to-video systems on Artificial Analysis, with ByteDance, MiniMax Group, Alibaba Group Holding,…
MiniMax Group released its H3 multimodal video generation model on July 31, capable of producing 2K resolution videos with stereo sound at less than one-third the cost per second of mainstream competi…
Chinese AI startup Moonshot released the Kimi K3 model on Friday (Jul 17), claiming it outperforms all rivals except Anthropic's Claude Fable 5 and OpenAI's GPT-5.6 on overall capability, marking a si…
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 …