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MiniMax once led Zhipu in Hong Kong’s AI stock race. How the tables have turned
MiniMax and Zhipu AI debuted on Hong Kong's stock exchange in January 2024, with MiniMax initially valued at HK$106.7 billion compared to Zhipu's HK$57.9 billion. Five months later, Zhipu (traded as Knowledge Atlas Technology) has surpassed MiniMax in market performance.
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