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<IPO>CN AI Startups MiniMax, Zhipu Plan to List in HK in Jan 2026: Wire
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Two Chinese AI startups, naming MiniMax and Zhipu, are seen as potential competitors to OpenAI and plan to list in Hong Kong within the coming weeks, Bloomberg quoted sources as saying.

It is reported that Shanghai-based MiniMax intended to conduct an IPO as early as January 2026, with support from companies such as BABA-W (09988.HK) and TENCENT (00700.HK), aiming to raise hundreds of millions of USD. Zhipu, also supported by BABA-W and TENCENT, planned to list in the same period.

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