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MiniMax and Zhipu Head Toward A-Shares: China’s Foundation Model Leaders Enter a Capital-Market Pricing Regime. Who Will Claim the “Compute and Application No.1 Stock” Title? a-share ai market china ai stocks foundation models china garbo decodes china large model companies minimax ipo solomoat the niche hunter zhipu ai ipo Jul 08, 2026

China’s large-model industry is shifting from a fundraising race into a capital-market pricing competition.

On May 29, MiniMax officially entered A-s...

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