Startups go public in litmus test for Chinese AI
Published on: Jan. 9, 2026, 1:01 p.m. | Source: The Economic Times
Chinese AI startup Zhipu AI surged over 12% in its Hong Kong debut, raising $558 million ahead of rival MiniMax’s listing. But analysts said profits were unlikely any time soon from either company, the first two IPOs among China's so-called "six tigers", generative AI providers competing with tech giants such as Alibaba and ByteDance.
