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Chinese AI Billionaire Yan Junjie Battles Heavy Selling Pressure After $39 Billion Market Wipeout
With the imminent expiration of lockup periods on Wednesday, MiniMax Group founder Yan Junjie faces an uphill battle persuading investors to hold on to the Hong Kong-listed AI model developer’s shares.
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forbes.com
Chinese AI Billionaire Yan Junjie Battles Heavy Selling Pressure After $39 Billion Market Wipeout
With the imminent expiration of lockup periods on Wednesday, MiniMax Group founder Yan Junjie faces an uphill battle persuading investors to hold on to the Hong Kong-listed AI…
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scmp.com
Zhipu AI, MiniMax shares to test Hong Kong market as lock-ups end
Shares worth US$11.5 billion to hit market as record wave of lock-up expirations starts and some firms eye share placements.