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Market Chatter: Moonshot AI Eyes Hong Kong IPO Within Six Months

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Moonshot AI has begun preparations for a Hong Kong initial public offering that could take place within six months, Bloomberg News reported Sunday, citing people familiar with the matter.

The Chinese artificial intelligence startup has circulated a shareholder resolution seeking investor approval for the proposed listing, according to the report.

It is also nearing the completion of a fundraising round that could value the company at more than $30 billion, the report added.

Moonshot did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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