AI IPO Watch

China’s AI IPO wave meets a harsher public-market test

Wednesday, July 22, 2026 · 8 min

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Moonshot AI is preparing a pre-IPO raise at up to $50 billion as China’s AI listing pipeline widens, while Zhipu’s two-day plunge shows how quickly public-market enthusiasm can reverse.

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Moonshot AI is preparing a pre-IPO raise at up to $50 billion as China’s AI listing pipeline widens, while Zhipu’s two-day plunge shows how quickly public-market enthusiasm can reverse.

In this episode

  1. China's Moonshot AI in talks on pre-IPO funds at US$50 billion value - The Business Times — The Business Times

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  3. China's GigaAI Aims to Be the First Global AI Startup to Go Public — Sid Times

    China's GigaAI Aims to Be the First Global AI Startup to Go Public onJuly 21, 2026 # China’s GigaAI Aims to Be the First Global AI Startup to Go Public 2 min read Share in Twitter Share on Facebook Share in Linkedin Copy link Jijia Vision is currently in talks to conduct an initial public offering on the Hong Kong stock exchange, potentially this year, as part of a wave of Chinese AI…

  4. Zhipu shares sink 60% from peak after two-day stock price plunge — The Insight Asia

    Zhipu shares sink 60% from peak after two-day stock price plunge # Z.AI sheds more than $38 billion in market value in two-day stock rout July 21, 2026 China’s largest listed foundation model developer extended a sharp sell-off after a recent share placement as investors focus on expiring lock-ups and intensifying competition. By Lei Jianping Shares in Chinese artificial intelligence company…