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Chinese AI firm MiniMax targets up to $539 million in Hong Kong IPO

SummaryCompaniesMiniMax aims to raise up to HK$4.19 billion in HK IPOOffer price set between HK$151-HK$165 per offer shareGoldman Sachs, Morgan Stanley appointed as overall coordinatorsDec 31 (Reuters) - Chinese AI startup MiniMax Group is seeking to raise up to HK$4.19 billion ($538.54 million) in a Hong Kong initial public offering, a regulatory filing showed on Wednesday.In July, Reuters had reported that MiniMax could raise HK$4 billion to HK$5 billion in the IPO, with an overall valuation o...

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