The hard power of China's large model companies is attracting the attention of international capital. At the beginning of 2026, South Korean investors once again launched a "shopping spree" for Chinese assets, and this time, their focus was on the top players in the artificial intelligence sector - MiniMax-WP.

South Korean Investors' Favorite: MiniMax Leads the Net Purchase Ranking in Hong Kong Shares

According to the latest data, as of February 10, 2026, MiniMax-WP topped the list of South Korean investors' net purchases in Hong Kong shares with a net purchase amount of 20.6712 million USD.

Capital Hunt: In addition to MiniMax, Chinese companies covering large models and semiconductor fields such as Lianqilab and Innoscience have also entered the top ten in net purchases.

Global Shopping Spree: The precise layout of South Korean investors in China's AI industry reflects their high expectations for the commercialization prospects of China's AGI (Artificial General Intelligence).

4-Year Journey to IPO: A Global Speed Myth in the AI Industry

MiniMax-WP is owned by MiniMax (Xiyu Technology), which officially listed on the Hong Kong Stock Exchange main board on January 9, 2026.

Breaking Records: From its establishment in early 2022 to its listing, MiniMax took only 4 years, setting a new global record for the fastest AI company from founding to IPO.

A Star-Studded Investor Base: During its seven rounds of financing, MiniMax has gathered early-stage star institutions such as Yunchi Capital, Mihoyo, IDG, and Hillhouse Capital, as well as strategic investors such as Tencent and Alibaba, making it a "super unicorn" in China's AI industry.

Industry Background: Domestic Large Models Are "Rising Strong"

While MiniMax is being highly favored, the domestic large model sector is experiencing a collective breakthrough. Recently, apart from the widely followed DeepSeek, MiniMax2.5 and Zhipu GLM-5 have also been released, marking that domestic large models have entered the global first tier in terms of reasoning performance and commercialization.

From the laboratory to the capital market, the success of MiniMax is not only a victory for the company but also a reflection of the rising influence of China's AI computing power and application ecosystem in the global market.