Bloomberg: Kling AI selects banks for Hong Kong listing as early as next year

Kuaishou (1024)'s AI video platform Kling has selected CICC, Goldman Sachs and UBS to prepare for a Hong Kong IPO, raising at least US$1 billion (about HK$7.8 billion), with plans to list as early as next year. Bloomberg reported, citing people familiar with the matter, that Kling AI and the relevant investment banks declined to comment.