0100 MINIMAX - WP
MiniMax Group Inc.
Global AI foundation model company developing proprietary multi-modal foundation models and AI-native products, including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye and its Open Platform.
Overview
- Company
- MiniMax Group Inc.
- Sector
- Artificial Intelligence / Foundation Models / AI-native Applications
- Allocation mechanism
- -
- Listing date
- Jan 9, 2026
Offer Details
- Offer price
- HKD 165
- Board lot
- 20
- Total offer shares
- 29,197,600
- Hong Kong offer shares
- 5,077,860
- International offer shares
- 24,119,740
- Minimum application
- 20 shares
- Gross proceeds
- HKD 4,817,600,000
- Net proceeds
- HKD 4,596,100,000
Allocation Result
- Valid applications
- 417,646
- Subscription multiple
- 1,837.17x
- One-lot success rate
- 2.81%
- Successful applications
- 104,901
Basis of Allocation
Success Rate Trend
Each line runs from the lowest application tier to the highest tier within its own pool. Hover or tap a point for the exact tier.
| Pool | Applied shares | Applied lots | Valid applications | Successful applications | Success rate | Allocated shares | Allocated lots | Allotted % |
|---|---|---|---|---|---|---|---|---|
| A | 20 Applied lots: 1 · Valid applications: 139,314 · Successful applications: 3,911 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 2.81% | 1 | 139,314 | 3,911 | 2.81% | 0-20 | 0-1 | 2.81% |
| A | 40 Applied lots: 2 · Valid applications: 39,265 · Successful applications: 1,582 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 2.01% | 2 | 39,265 | 1,582 | 4.03% | 0-20 | 0-1 | 2.01% |
| A | 60 Applied lots: 3 · Valid applications: 23,720 · Successful applications: 1,135 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.59% | 3 | 23,720 | 1,135 | 4.78% | 0-20 | 0-1 | 1.59% |
| A | 80 Applied lots: 4 · Valid applications: 7,002 · Successful applications: 412 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.47% | 4 | 7,002 | 412 | 5.88% | 0-20 | 0-1 | 1.47% |
| A | 100 Applied lots: 5 · Valid applications: 10,391 · Successful applications: 716 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.38% | 5 | 10,391 | 716 | 6.89% | 0-20 | 0-1 | 1.38% |
| A | 120 Applied lots: 6 · Valid applications: 7,508 · Successful applications: 589 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.31% | 6 | 7,508 | 589 | 7.84% | 0-20 | 0-1 | 1.31% |
| A | 140 Applied lots: 7 · Valid applications: 4,698 · Successful applications: 411 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.25% | 7 | 4,698 | 411 | 8.75% | 0-20 | 0-1 | 1.25% |
| A | 160 Applied lots: 8 · Valid applications: 4,622 · Successful applications: 445 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.2% | 8 | 4,622 | 445 | 9.63% | 0-20 | 0-1 | 1.2% |
| A | 180 Applied lots: 9 · Valid applications: 5,194 · Successful applications: 544 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.16% | 9 | 5,194 | 544 | 10.47% | 0-20 | 0-1 | 1.16% |
| A | 200 Applied lots: 10 · Valid applications: 32,223 · Successful applications: 3,634 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1.13% | 10 | 32,223 | 3,634 | 11.28% | 0-20 | 0-1 | 1.13% |
| A | 300 Applied lots: 15 · Valid applications: 15,651 · Successful applications: 2,357 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 1% | 15 | 15,651 | 2,357 | 15.06% | 0-20 | 0-1 | 1% |
| A | 400 Applied lots: 20 · Valid applications: 7,267 · Successful applications: 1,343 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.92% | 20 | 7,267 | 1,343 | 18.48% | 0-20 | 0-1 | 0.92% |
| A | 500 Applied lots: 25 · Valid applications: 4,760 · Successful applications: 1,032 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.87% | 25 | 4,760 | 1,032 | 21.68% | 0-20 | 0-1 | 0.87% |
| A | 600 Applied lots: 30 · Valid applications: 7,570 · Successful applications: 1,868 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.82% | 30 | 7,570 | 1,868 | 24.68% | 0-20 | 0-1 | 0.82% |
| A | 700 Applied lots: 35 · Valid applications: 3,843 · Successful applications: 1,058 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.79% | 35 | 3,843 | 1,058 | 27.53% | 0-20 | 0-1 | 0.79% |
| A | 800 Applied lots: 40 · Valid applications: 3,291 · Successful applications: 997 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.76% | 40 | 3,291 | 997 | 30.29% | 0-20 | 0-1 | 0.76% |
| A | 900 Applied lots: 45 · Valid applications: 2,495 · Successful applications: 822 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.73% | 45 | 2,495 | 822 | 32.95% | 0-20 | 0-1 | 0.73% |
| A | 1,000 Applied lots: 50 · Valid applications: 16,195 · Successful applications: 5,748 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.71% | 50 | 16,195 | 5,748 | 35.49% | 0-20 | 0-1 | 0.71% |
| A | 2,000 Applied lots: 100 · Valid applications: 11,308 · Successful applications: 6,576 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.58% | 100 | 11,308 | 6,576 | 58.15% | 0-20 | 0-1 | 0.58% |
| A | 3,000 Applied lots: 150 · Valid applications: 7,187 · Successful applications: 5,579 · Allocated shares: 0-20 · Allocated lots: 0-1 · Allotted %: 0.52% | 150 | 7,187 | 5,579 | 77.63% | 0-20 | 0-1 | 0.52% |
| A | 4,000 Applied lots: 200 · Valid applications: 5,704 · Successful applications: 5,704 · Allocated shares: 20 · Allocated lots: 1 · Allotted %: 0.5% | 200 | 5,704 | 5,704 | 100% | 20 | 1 | 0.5% |
| A | 5,000 Applied lots: 250 · Valid applications: 5,035 · Successful applications: 5,035 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.45% | 250 | 5,035 | 5,035 | 100% | 20-40 | 1-2 | 0.45% |
| A | 6,000 Applied lots: 300 · Valid applications: 4,273 · Successful applications: 4,273 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.42% | 300 | 4,273 | 4,273 | 100% | 20-40 | 1-2 | 0.42% |
| A | 7,000 Applied lots: 350 · Valid applications: 2,845 · Successful applications: 2,845 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.41% | 350 | 2,845 | 2,845 | 100% | 20-40 | 1-2 | 0.41% |
| A | 8,000 Applied lots: 400 · Valid applications: 2,524 · Successful applications: 2,524 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.39% | 400 | 2,524 | 2,524 | 100% | 20-40 | 1-2 | 0.39% |
| A | 9,000 Applied lots: 450 · Valid applications: 1,855 · Successful applications: 1,855 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.38% | 450 | 1,855 | 1,855 | 100% | 20-40 | 1-2 | 0.38% |
| A | 10,000 Applied lots: 500 · Valid applications: 10,634 · Successful applications: 10,634 · Allocated shares: 20-40 · Allocated lots: 1-2 · Allotted %: 0.37% | 500 | 10,634 | 10,634 | 100% | 20-40 | 1-2 | 0.37% |
| A | 20,000 Applied lots: 1,000 · Valid applications: 6,429 · Successful applications: 6,429 · Allocated shares: 40-60 · Allocated lots: 2-3 · Allotted %: 0.3% | 1,000 | 6,429 | 6,429 | 100% | 40-60 | 2-3 | 0.3% |
| A | 30,000 Applied lots: 1,500 · Valid applications: 4,886 · Successful applications: 4,886 · Allocated shares: 80-100 · Allocated lots: 4-5 · Allotted %: 0.27% | 1,500 | 4,886 | 4,886 | 100% | 80-100 | 4-5 | 0.27% |
| B | 40,000 Applied lots: 2,000 · Valid applications: 9,721 · Successful applications: 9,721 · Allocated shares: 100 · Allocated lots: 5 · Allotted %: 0.25% | 2,000 | 9,721 | 9,721 | 100% | 100 | 5 | 0.25% |
| B | 50,000 Applied lots: 2,500 · Valid applications: 2,163 · Successful applications: 2,163 · Allocated shares: 100-120 · Allocated lots: 5-6 · Allotted %: 0.22% | 2,500 | 2,163 | 2,163 | 100% | 100-120 | 5-6 | 0.22% |
| B | 60,000 Applied lots: 3,000 · Valid applications: 1,555 · Successful applications: 1,555 · Allocated shares: 100-120 · Allocated lots: 5-6 · Allotted %: 0.2% | 3,000 | 1,555 | 1,555 | 100% | 100-120 | 5-6 | 0.2% |
| B | 70,000 Applied lots: 3,500 · Valid applications: 1,027 · Successful applications: 1,027 · Allocated shares: 120-140 · Allocated lots: 6-7 · Allotted %: 0.18% | 3,500 | 1,027 | 1,027 | 100% | 120-140 | 6-7 | 0.18% |
| B | 80,000 Applied lots: 4,000 · Valid applications: 759 · Successful applications: 759 · Allocated shares: 120-140 · Allocated lots: 6-7 · Allotted %: 0.17% | 4,000 | 759 | 759 | 100% | 120-140 | 6-7 | 0.17% |
| B | 90,000 Applied lots: 4,500 · Valid applications: 548 · Successful applications: 548 · Allocated shares: 140-160 · Allocated lots: 7-8 · Allotted %: 0.16% | 4,500 | 548 | 548 | 100% | 140-160 | 7-8 | 0.16% |
| B | 100,000 Applied lots: 5,000 · Valid applications: 2,167 · Successful applications: 2,167 · Allocated shares: 140-160 · Allocated lots: 7-8 · Allotted %: 0.15% | 5,000 | 2,167 | 2,167 | 100% | 140-160 | 7-8 | 0.15% |
| B | 200,000 Applied lots: 10,000 · Valid applications: 864 · Successful applications: 864 · Allocated shares: 200-220 · Allocated lots: 10-11 · Allotted %: 0.1% | 10,000 | 864 | 864 | 100% | 200-220 | 10-11 | 0.1% |
| B | 300,000 Applied lots: 15,000 · Valid applications: 344 · Successful applications: 344 · Allocated shares: 220-240 · Allocated lots: 11-12 · Allotted %: 0.08% | 15,000 | 344 | 344 | 100% | 220-240 | 11-12 | 0.08% |
| B | 400,000 Applied lots: 20,000 · Valid applications: 172 · Successful applications: 172 · Allocated shares: 260-280 · Allocated lots: 13-14 · Allotted %: 0.07% | 20,000 | 172 | 172 | 100% | 260-280 | 13-14 | 0.07% |
| B | 500,000 Applied lots: 25,000 · Valid applications: 128 · Successful applications: 128 · Allocated shares: 280-300 · Allocated lots: 14-15 · Allotted %: 0.06% | 25,000 | 128 | 128 | 100% | 280-300 | 14-15 | 0.06% |
| B | 634,740 Applied lots: 31,737 · Valid applications: 509 · Successful applications: 509 · Allocated shares: 320-340 · Allocated lots: 16-17 · Allotted %: 0.05% | 31,737 | 509 | 509 | 100% | 320-340 | 16-17 | 0.05% |