
New Stock News | It is rumored that the dark side of the moon is expected to be listed in Hong Kong within 6 months at the earliest. The latest Kimi K3 model shocks the global AI community
According to media reports on July 18, Moonlight has notified investors to adjust the company's structure in preparation for an IPO in Hong Kong, which could be completed within six months at the earliest. This year, there have been rumors in the market about Moonlight's intention to list in Hong Kong. As early as March, market news indicated that Moonlight was in discussions with CICC and Goldman Sachs regarding listing cooperation. By May, reports suggested that Moonlight began dismantling the "red-chip structure" that held domestic assets and businesses through an overseas registered entity. This week, Moonlight released the Kimi K3 model, which natively supports visual understanding and has a context window of 1 million tokens; it is the first open-source model to reach a scale of 28 trillion parameters. The complete model weights will be released by July 27, 2026. On July 17, all three major U.S. stock indices fell, with the NASDAQ and S&P 500 indices both dropping over 1%. Many mainstream U.S. media attributed the decline to the release of the Kimi K3 model, stating that the market is paying attention to K3's subsequent impact on the global large model competitive landscape and the valuations of technology companies
According to media reports on July 18, Zhiyun Finance APP learned that Moonlight has notified investors to adjust the company's structure in preparation for an IPO in Hong Kong, which could be completed within six months at the earliest.
This year, there have been rumors in the market about Moonlight's intention to list in Hong Kong. As early as March, market news indicated that Moonlight was in discussions with CICC and Goldman Sachs regarding listing cooperation. By May, reports suggested that Moonlight began dismantling the "red chip structure" held by offshore registered entities for domestic assets and businesses.
Moonlight released the Kimi K3 model this week, which natively supports visual understanding and has a context window of 1 million tokens; it is the first open-source model to reach a scale of 2.8 trillion parameters. The complete model weights will be released by July 27, 2026.
On July 17, all three major U.S. stock indices fell, with the NASDAQ and S&P 500 both dropping over 1%. Many mainstream U.S. media attributed the reasons to the release of the Kimi K3 model, stating that the market is paying attention to K3's subsequent impact on the global large model competitive landscape and the valuations of technology companies
