Tag: Capital Markets
MiniMax's confidential Hong Kong IPO filing targets $4B+ valuation and $510M raise, aiming to revolutionize AI market by late 2025
Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...
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16 Jul, 12:58 PM
Adani Crisis Deepens as Stock Rout Hits $100 Billion, Bonds Sink
Gautam Adani’s businesses have lost $107 billion in a week, one of the biggest wipeouts in India’s history, after an explosive report by short-seller Hindenburg Research forced him to pull a stock sale at the 11th hour and led some lenders to reject his s...
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2 Feb, 10:41 AM