The dark side of AI startups planning to go public in Hong Kong

SighingCashier · 2026-03-26T18:26:38+00:00

Mainland AI startup Moonshadow is considering going public in Hong Kong and has begun discussions with CICC and Goldman Sachs, but the specific timing has not yet been determined. The company has previously completed over $700 million in funding, with a valuation of 140.4 billion.

SighingCashier

2026-03-26 18:26:38

Abstract generation in progress

March 27, 2026

AI Startup Moonshot Plans to Go Public in Hong Kong

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Bloomberg, citing sources, reports that Chinese AI startup Moonshot is preliminarily considering an IPO in Hong Kong. The company has begun discussions with China International Capital Corporation (CICC) and Goldman Sachs regarding the listing, but the specific timing of the potential IPO has not yet been determined. The company declined to comment on the report.

Sources reveal that Moonshot, known as a unicorn in large-scale models, completed a funding round of over $700 million earlier this year.

Valuation: 140.4 billion, compared to…

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