Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capital
First reported 6 Oct, 02:22 UTCUpdated 6h ago3 sources
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Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.
Excerpt from Euronews
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The Chinese AI champion has also begun laying the groundwork to gauge investor sentiment through early-look meetings starting as soon as this month.
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- Hong Kong’s big IPO haul (opens South China Morning Post in a new tab)
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- Moonshot said to eye early 2027 IPO after value hits $50 billion (opens The Japan Times in a new tab)
The Chinese AI champion has also begun laying the groundwork to gauge investor sentiment through early-look meetings starting as soon as this month.
- Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capital (opens Euronews in a new tab)
Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.
