Kimi Confidentially Files for Hong Kong IPO, Eyes $50 Billion Pre-IPO Valuation

News Editor

2026-09-02 13:31:35

AI startup Moonshot AI (Kimi) has confidentially submitted an A1 filing to the Hong Kong Stock Exchange, initiating its IPO process. The company declined to comment on market rumors, while sources indicate it is also pursuing a new funding round at a $50 billion pre-money valuation, likely the last before its public listing.

According to a report by Beating AI, citing LatePost, Moonshot AI (Kimi) has submitted a confidential A1 filing to the Hong Kong Stock Exchange this week, formally launching its IPO process on the Hong Kong market. The A1 form is one of the formal application documents required for companies seeking a listing on the HKEX.

In response to the news, a Kimi spokesperson said, "We do not comment on market rumors and currently have no information to disclose."

Separately, sources familiar with the matter revealed that Kimi is also advancing a new funding round at a pre-money valuation of $50 billion. This round is expected to be the company's final financing before its IPO.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

100

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.