Now Reading: Minimax IPO Points to Strong Start for 2026 Listings as Chinese AI Firm Attracts Heavy Demand
-
01
Minimax IPO Points to Strong Start for 2026 Listings as Chinese AI Firm Attracts Heavy Demand
Minimax IPO Points to Strong Start for 2026 Listings as Chinese AI Firm Attracts Heavy Demand
The initial public offering market appears poised for a robust opening to 2026, with Chinese artificial intelligence developer MiniMax Group reportedly attracting substantial investor interest ahead of its Hong Kong listing. Sources close to the transaction indicate that shares are likely to be priced at the upper end of the marketed range.
The company commenced its bookbuilding process on 31 December 2025, offering shares within a range of HK$151 to HK$165 per share. Should pricing settle at the top of this band, the flotation would generate approximately $538 million in proceeds whilst attributing a valuation of roughly $6.5 billion to the enterprise.
Established in early 2022 by Yan Junjie, a former executive at SenseTime, MiniMax specialises in the development of multimodal artificial intelligence systems capable of processing text, images, speech, video and audio content. The firm’s existing suite of products encompasses MiniMax M1, Hailuo-02, Speech-02 and Music-01.
The final pricing determination is scheduled for 6 January 2026, with shares anticipated to commence trading on the Hong Kong Stock Exchange on 9 January 2026.
The strong reception to MiniMax’s offering suggests renewed appetite for technology listings in Asian markets, particularly within the artificial intelligence sector. The company’s ability to command a premium valuation despite its relatively recent formation underscores continued investor enthusiasm for AI-focused ventures with multimodal capabilities.
Post Disclaimer
The following content has been published by Stockmark.IT. All information utilised in the creation of this communication has been gathered from publicly available sources that we consider reliable. Nevertheless, we cannot guarantee the accuracy or completeness of this communication.
This communication is intended solely for informational purposes and should not be construed as an offer, recommendation, solicitation, inducement, or invitation by or on behalf of the Company or any affiliates to engage in any investment activities. The opinions and views expressed by the authors are their own and do not necessarily reflect those of the Company, its affiliates, or any other third party.
The services and products mentioned in this communication may not be suitable for all recipients, by continuing to read this website and its content you agree to the terms of this disclaimer.
