I didn't expect Kimi to be considering going public as well. Bloomberg exclusively reports that Kimi's parent company, Dark Side of the Moon, has already been in contact with China International Capital Corporation and Goldman Sachs regarding the listing in Hong Kong.

Insiders say the company is discussing a refinancing of up to $1 billion at a valuation of $18 billion.

Although China is tightening regulations for red-chip companies (those registered overseas but with actual operations in China) going public in Hong Kong,

Beijing still hopes to support leading domestic companies in AI, robotics, and other fields to receive ongoing support (implying a green light).