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On September 2, news surfaced that Moonshot AI (commonly known as Kimi) has discreetly submitted its A1 filing to the Hong Kong Stock Exchange (HKEX) this week, formally embarking on its journey to go public on the Hong Kong stock market. The A1 document serves as the official application form that companies must submit when seeking a listing on the HKEX, a crucial step in the IPO process. In response to these reports, Kimi issued a statement, declining to comment on market speculation and indicating that it currently has no additional information to share. Meanwhile, it is reported that Kimi is also in the midst of securing a new round of financing, with a pre-investment valuation set at a staggering $50 billion. This round could potentially be the final funding phase before the company goes public.
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