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MiniMax Formally Commences A-Share IPO Journey
1 day ago /
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Author：小编
On May 30, the official website of the China Securities Regulatory Commission revealed that MiniMax Group (Xiyu Technology), an AI large - model company, formally embarked on its A - share Initial Public Offering (IPO) process on May 29, 2026. CITIC Securities has been appointed as its sponsoring institution. It's worth noting that in English, "tutoring institution" is not the standard term here; "sponsoring institution" is more appropriate in the context of an IPO as it refers to the financial institution that helps a company go public. Previously, in January 2026, the company had already made its debut on the Hong Kong Stock Exchange. At present, its market capitalization has surpassed HK$260 billion.
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