BEIJING, May 31 (Reuters) – China’s AI startup MiniMax Group is exploring a listing on Shanghai’s tech-heavy exchange, the STAR Market, it said in a filing to the Hong Kong Stock Exchange on Sunday. MiniMax said it has hired advisors to provide guidance on meeting the STAR Market’s listing requirements, and had entered into a […]
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China’s AI startup MiniMax explores Shanghai STAR Market listing
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BEIJING, May 31 (Reuters) – China’s AI startup MiniMax Group is exploring a listing on Shanghai’s tech-heavy exchange, the STAR Market, it said in a filing to the Hong Kong Stock Exchange on Sunday.
MiniMax said it has hired advisors to provide guidance on meeting the STAR Market’s listing requirements, and had entered into a tutoring agreement.
Any proposed yuan-denominated share issuance would depend on market conditions and necessary regulatory approvals, the company said.
(Reporting by Ethan Wang and Ryan Woo; Editing by Bernadette Baum)