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Tag: #hk-listing4 results
Zhipu AI and MiniMax stocks skyrocketed on Hong Kong exchange after Lunar New Year, with Zhipu up 42.72% to 725 HKD and MiniMax up 14% to 970 HKD, pushing combined market cap over 300B HKD. Catalysts include Zhipu GLM-5 open-source release and price hike for GLM Coding Plan, plus MiniMax M2.5 launch. Early investors and employees see massive gains amid AI boom.
Victory Giant Technology Huizhou Co. surged in its Hong Kong trading debut after raising $2.6 billion. The printed circuit board maker's founder Chen Tao predicts high-speed growth over the next five years. Growth is driven by the AI boom.
China’s third-largest chip foundry, Nexchip Semiconductor, filed for a Hong Kong listing on Tuesday to expand capacity amid surging AI demand. The state-backed firm seeks a dual listing in Shanghai and Hong Kong. This strengthens its position in the mature-node chipmaking sector as Beijing pushes for chip self-sufficiency.
MiniMax Group's revenue jumped 159% year-on-year to US$79 million for year ended December 2025, beating estimates. Growth driven by strong international demand for AI services post-Hong Kong listing. Gross profit soared 437% to US$20.1 million.
OpenAI and Meta are seeking help to address growing public opposition to their AI data center plans. The effort highlights the increasing public-relations challenges surrounding large-scale AI infrastructure expansion.
VB Pulse data shows enterprises are adopting multiple AI orchestration platforms instead of relying on a single vendor. The survey also highlights persistent concerns about security, permissions, token usage, cost visibility, and the ability to stop runaway agent spending in real time.
Google is introducing a button that lets readers mark publishers as preferred sources across Search, Discover, and Google News. The feature could help publishers recover traffic as AI-powered search generates fewer direct clicks to websites.
Runlayer and Rippling have dropped their lawsuits, with no money changing hands. Rippling marked the resolution by releasing a competing product, leaving the dispute as a cautionary example for founders.
KCD Hangzhou has opened its call for papers, inviting the community to discuss cloud native technologies, observability, and large-model inference in the Agent era. The announcement targets practitioners interested in sharing or learning about the infrastructure behind AI agents.
Wired AI argues that Silicon Valley technology leaders do not understand society’s growing frustrations with AI. The article criticizes their public messaging as disconnected from legitimate concerns about AI’s impact.