On September 4, according to sources familiar with the matter, Moonshot AI plans to conduct an initial public offering (IPO) in Hong Kong as early as this year, aiming to raise between US$3 billion and US$5 billion to meet investor demand. Currently, Moonshot AI has appointed Bank of America as the lead coordinator for this IPO, with China International Capital Corporation, Deutsche Bank, and Goldman Sachs serving as the sponsor banks, and has already submitted the IPO application confidentially. However, relevant considerations are still ongoing, and details such as the issuance size and timing may change.
