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MiniMax to see its first batch of unlockings after its listing; Alibaba and MiHoYo have stated their intention to hold long term
ME AI News: AI company MiniMax (0100.HK) will see the first batch of shares unlocked following its listing in the Hong Kong stock market on July 9, 2026. Before this milestone, both of its two major core strategic investors, Alibaba and MiHoYo, have clearly stated their long-term optimism about the general artificial intelligence industry and MiniMax’s development prospects, and that they will continue to support the company’s growth while deepening ecosystem collaboration in areas such as cloud computing and enterprise services.
It is reported that the founding team of MiniMax previously voluntarily set a lock-up period of up to 12 months, so this first batch of unlockings does not involve the founding team or employee shareholdings. According to public information, MiniMax was listed on the Hong Kong Exchanges and Clearing Limited (HKEX) this January. It currently has about 300 million users worldwide, and its enterprise and developer customers have surpassed 1 million.
This month, the company released its new-generation flagship model M3, and in May it formally kicked off the A-shares Sci-Tech Innovation Board IPO counseling process. (Source: ChainCatcher)