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AI unicorn MiniMax and Zhipu are reportedly set to target Hong Kong IPO soon
2025-12-11 /
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Author：小编
According to media sources citing informed individuals, in January 2026, MiniMax, an AI unicorn headquartered in Shanghai and backed by investors such as Alibaba and Tencent, plans to initiate its IPO, aiming to raise several hundred million U.S. dollars. Meanwhile, Zhipu, another AI company supported by Alibaba and Tencent, also plans to go public around the same time. Currently, the details of the listings for both companies are still under discussion and require approval from the China Securities Regulatory Commission.
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