Kimi's Parent Moonshot AI Plans Hong Kong IPO in Early 2027, Already Dismantling Overseas Holding Structure

According to TechFlow, on November 13, Dow Jones reported, citing people familiar with the matter, that Kimi large model developer Moonshot AI is considering a Hong Kong IPO in early 2027.

The report said Moonshot AI is dismantling its overseas holding structure to pave the way for the listing.

Earlier, Bloomberg reported that Moonshot AI had completed its final private financing round at a valuation of approximately $50 billion, is considering raising up to $5 billion in its IPO, and has already submitted a confidential listing application to the HKEX. Moonshot AI previously told media that it does not comment on market rumors or speculation.

Source: TechFlow