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Chinese AI Billionaire Yan Junjie Battles Heavy Selling Pressure After $39 Billion Market Wipeout

Posted on July 6, 2026
By Forbes
0 Views
1 min read

Chinese AI Billionaire Yan Junjie Battles Heavy Selling Pressure After $39 Billion Market Wipeout

With the imminent expiration of lockup periods on Wednesday, MiniMax Group founder Yan Junjie faces an uphill battle persuading investors to hold on to the Hong Kong-listed AI model developer’s shares.