Kimi's parent company, Dark Side of the Moon, plans to go public in Hong Kong in early 2027 and has already begun dismantling its overseas structure

According to Dow Jones, citing informed sources, Kimi's large model developer Moonshot AI is considering an IPO in Hong Kong in early 2027. The report states that Moonshot AI is dismantling its overseas holding structure to pave the way for the listing.

Previously, Bloomberg reported that Moonshot AI had completed its final round of private financing, with a valuation of approximately $50 billion, and is considering raising up to $5 billion in the IPO, having secretly submitted a listing application to the Hong Kong Stock Exchange. Moonshot AI previously responded to the media by stating that it does not comment on market rumors or speculation.