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China’s Moonshot AI Seeks Listing in Hong Kong Under Heightened Scrutiny

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Moonshot AI, one of China’s most promising artificial-intelligence startups, is considering changing its corporate structure to pave the way for an initial public offering in Hong Kong, people familiar with the matter said.

The company is raising a new round of private funding that would value it at around $18 billion, some of the people said. A previous round of fundraising from global investors in December had valued the company around $4.3 billion.

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