FED'S PAULSON: ECONOMY IS NOT CREATING A LOT OF JOBS RIGHT NOW

Chinese AI startup Moonshot AI is considering a corporate restructuring that could pave the way for a Hong Kong IPO, including potentially dismantling its offshore Cayman Islands holding structure and listing a mainland- or Hong Kong-registered entity instead, according to people familiar with the matter. The company has recently held discussions with regulators in Beijing about its corporate structure and IPO plan. The potential IPO comes amid tighter Chinese scrutiny of offshore “red-chip” structures, with regulators encouraging greater transparency and local listing entities.

A股大消费板块震荡反弹，乐惠国际、均瑶健康封板涨停，海天味业、若羽臣、上海九百、中炬高新跟涨。