On December 31, MiniMax officially launched a stock offering. According to the prospectus, MiniMax plans to issue 25.3892 million shares, with a pricing range of HK$151 per share to HK$165 per share; without considering the right to adjust the sale volume and exercise of over-allotment rights, the offering valuation will be between HK$46.123 billion and HK$50.399 billion. It is expected to officially land on the Hong Kong stock capital market on January 9, 2026. MiniMax has now introduced 14 cornerstone investors including ASPEX, Eastspring, Mirae Asset, Alibaba and E-Fonda, with a total subscription of approximately HK$2,723 billion.

On December 31, MiniMax officially launched a stock offering. According to the prospectus, MiniMax plans to issue 25.3892 million shares, with a pricing range of HK$151 per share to HK$165 per share; without considering the right to adjust the sale volume and exercise of over-allotment rights, the offering valuation will be between HK$46.123 billion and HK$50.399 billion. It is expected to officially land on the Hong Kong stock capital market on January 9, 2026. MiniMax has now introduced 14 cornerstone investors including ASPEX, Eastspring, Mirae Asset, Alibaba and E-Fonda, with a total subscription of approximately HK$2,723 billion.