COMPANIES

MiniMax Group's revenue surged 283% in the first half of 2026, driven by increased R&D spending. Despite rising losses, the company emphasizes efficiency and strategic growth in its AI services.

Apple's new Mac Mini, featuring the advanced 2nm M6 chip, debuts before the iPhone 18. The launch highlights a strategic shift and results in significant price increases in Hong Kong and China.

Evergrande's electric vehicle debts, worth RMB103 million, sold for just RMB144,100 on Alibaba Assets, reflecting the company's financial struggles. The auction highlights the challenges in recovering debts from the collapsed business.

Shein's Hong Kong IPO is underwhelming retail investors, with only 1.6 times coverage on the first day, contrasting sharply with recent oversubscribed IPOs in the city.