Sources: Moonshot AI may scrap its Cayman structure for a China or Hong Kong entity to prepare for a Hong Kong IPO and plans to raise funding at ~$18B valuation (Wall Street Journal)

Wall Street Journal: Sources: Moonshot AI may scrap its Cayman structure for a China or Hong Kong entity to prepare for a Hong Kong IPO and plans to raise funding at ~$18B valuation — Markets will be watching to see if the company can replicate the success of recent listings by other Chinese AI companies