Moonshot AI Plans Hong Kong IPO in Q1 2027 at a Valuation of About $50 Billion
According to Bloomberg, citing people familiar with the matter, Kimi's parent company Moonshot AI plans to hold an IPO in Hong Kong in the first quarter of 2027 after completing a private financing round at a valuation of about $50 billion. The same report also mentioned that Kuaishou's AI video platform Kling AI has selected investment banks to prepare for a Hong Kong IPO, aiming to raise at least $1 billion, with a listing as early as 2027; the offering size and timing may still change.
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Two Hong Kong IPO developments have emerged at the same time, which readers can use to observe the capitalization pace of domestic large-model and AI video companies.
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Moonshot AI, maker of Kimi, is planning a Hong Kong IPO in the first quarter of 2027 after closing a private funding round at a valuation of about $50 billion, Bloomberg reports, citing people familiar with the matter.
Kuaishou's AI video platform Kling AI has picked banks for a Hong Kong IPO that could raise at least $1 billion, targeting a listing as early as 2027. The offering's size and timing could still change.