Ling Xia

Ling Xia is a partner at MingShi Capital (明势资本) , where he was the key early advocate for investing in MiniMax, the Chinese large language model company. According to MingShi founding partner Huang Mingming, Ling Xia was the only one on their three-person team who understood MiniMax founder Yan Junjie's pitch at their first meeting in late 2021 — and he pushed to make the investment, which Huang described as securing "a ticket to a new world" . Ling Xia represented MingShi at a WAVES 2024 panel alongside investors from ZhenFund, Source Code Capital, Gaorong Ventures and Yunqi Capital, discussing early bets on China's LLM wave . An elsewhere piece from late 2025 also listed him among speakers at an event .