Moonshot AI informed its investors that it will restructure its corporate framework to comply with Beijing's increasingly stringent requirements for Chinese companies seeking overseas listings, paving the way for an IPO in Hong Kong, Bloomberg reported. Moonshot AI purportedly stated in an email that it will begin dismantling its so-called "red-chip structure".Related News CMBI: TENCENT (00700.HK) 1Q Profit Growth Stable, AI Progress SignificantMoonshot AI was founded in early 2023 by former Tsinghua University professor Yang Zhilin. Its investors include BABA-W (09988.HK) 0.000 (0.000%) Short selling $2.01B; Ratio 12.613% , TENCENT (00700.HK) 0.000 (0.000%) Short selling $1.45B; Ratio 8.229% , MEITUAN-W (03690.HK) 0.000 (0.000%) Short selling $904.50M; Ratio 23.846% , Xiaohongshu and 5Y Capital. Its latest valuation has crossed USD20 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-21 16:25.)
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