Moonshot AI (Kimi) confidentially submitted an A1 application to HKEX this week, formally starting its Hong Kong IPO process, sources said. The company is pursuing a new financing at about a $50bn pre-money valuation that is likely its final pre-IPO round; Moonshot AI declined to comment, saying it had no information to disclose.

2026-09-02

Moonshot AI (Kimi) confidentially submitted an A1 application to HKEX this week, formally starting its Hong Kong IPO process, sources said. The company is pursuing a new financing at about a $50bn pre-money valuation that is likely its final pre-IPO round; Moonshot AI declined to comment, saying it had no information to disclose.