Wall St Engine(@wallstengine):MOONSHOT AI FILES CONFIDENTIALLY FOR HONG KONG IPO Chinese AI startup Moonshot, developer of the Kimi model, has confidentially filed for a Hong Kong IPO and is targeting roughly $3B in proceeds, per Reuters. The company is being valued at about $50B in an ongoing funding round. Moonshot also shifted from an offshore structure to an onshore China domicile ahead of the filing and is working with Goldman Sachs, CICC and Deutsche Bank on the listing.

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Wall St Engine@wallstengine

2026.09.03 09:44

MOONSHOT AI FILES CONFIDENTIALLY FOR HONG KONG IPO Chinese AI startup Moonshot, developer of the Kimi model, has confidentially filed for a Hong Kong IPO and is targeting roughly $3B in proceeds, per Reuters. The company is being valued at about $50B in an ongoing funding round. Moonshot also shifted from an offshore structure to an onshore China domicile ahead of the filing and is working with Goldman Sachs, CICC and Deutsche Bank on the listing.