MiniMax has passed the Hong Kong Stock Exchange's listing hearing and is poised to become the first AGI (Automatic Genetic Engineering) stock globally.

MiniMax has passed the Hong Kong Stock Exchange's listing hearing and disclosed its prospectus, aiming for an IPO. Founded in early 2022, if MiniMax successfully lists, it will be the fastest AI company globally to go from inception to IPO. In 2024, MiniMax's revenue increased by 782% year-on-year to $30.5 million, with a net loss of $465 million. Its monetization methods include subscription services, token-based in-app purchases, online marketing services, and enterprise-level API services charged on a usage basis.