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MiniMax Inks Coaching Pact, Officially Embarks on A-Share IPO Journey
1 day ago /
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Author：小编
On May 29, 2026, MiniMax Group (Xiyu Technology), a prominent player in the AI large model sector, entered into a coaching agreement with CITIC Securities, marking the formal commencement of its A-share Initial Public Offering (IPO) process. Earlier in the year, in January, the company had already made its debut on the Hong Kong Stock Exchange, pricing its shares at HKD 165 each. On its very first trading day, the stock experienced a remarkable surge of 111.39%, and as of now, it boasts a market capitalization of HKD 263.454 billion (equivalent to approximately RMB 228.006 billion).
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