# Kling picks banks for Hong Kong IPO seeking at least $1 billion

_Published Tuesday, October 6, 2026 at 8:01 AM EDT · AI, Capital · Latest · Tier 2 — Notable_

Kuaishou's Kling AI has selected banks for a Hong Kong initial public offering that could raise at least $1 billion as early as 2027, Bloomberg reported, citing people familiar with the matter. Kling reached a $15B valuation after raising $2.8B in July.

## Sources

- [Techmeme](https://www.techmeme.com/261006/p11#a261006p11)

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Canonical: https://techandbusiness.org/newswire/RKP88REI8XG7ubYtlgdgoq
Published: 2026-10-06T12:01:54.492Z
Story chronology: 2026-10-06T10:40:00.000Z
Retrieved: 2026-10-06T14:21:15.367Z
Publisher: Tech & Business (techandbusiness.org)