Moon's Dark Side plans to complete its overseas red-chip structure adjustment before the end of this month, aiming to debut on the Hong Kong capital market as early as this year

Odaily Planet Daily News: According to sources, Moon's Dark Side plans to complete its overseas red-chip structure adjustment before the end of this month, paving the way for domestic financing and IPO preparations. The company could potentially debut on the Hong Kong capital market as early as this year.

Moon's Dark Side plans to initiate the final round of financing negotiations before its IPO in August, leveraging the market enthusiasm brought by its latest large model to seek a valuation of up to $50 billion. Sources revealed that Moon's Dark Side is expected to finalize a financing round launched this summer within the coming days, with a valuation of approximately $31.5 billion. Upon completion of this round, the company will immediately engage in discussions with potential investors for a new round of financing, which could serve as its final capital injection before listing in Hong Kong. (Jin Shi)