Chinese AI Company MiniMax Considers Going Public on Shanghai Exchange

An artificial intelligence company from China announced Sunday it’s considering going public on a major Shanghai stock exchange.

MiniMax Group disclosed in documents filed with the Hong Kong Stock Exchange that it’s investigating the possibility of listing on the STAR Market, Shanghai’s technology-focused trading platform.

The company revealed it has brought on financial advisors to help navigate the listing requirements for the STAR Market and has signed an advisory agreement with them.

MiniMax noted that any potential stock offering using Chinese currency would be subject to favorable market conditions and obtaining required government approvals.