China Daily｜Guo Tao, a member of the Chinese Association for Artificial Intelligence and a senior expert in AI, said a listing by Moonshot would set a clear capital market financing template for China's large-model industry.
He added that a successful Moonshot offering could encourage more Chinese developers to pursue listings and may be followed by increased mergers, acquisitions and strategic investment activity over the next one to two years.
"Global capital will also reassess the growth potential of Chinese AI companies," Guo said, adding that investors would place greater value on developers able to demonstrate stable revenue, paid user conversion and deployment across real-economy scenarios.
"K3's pricing breaks the domestic AI industry's long-running low-price competition and moves it toward a model in which capability determines price," Guo said.
He noted that such sustainable pricing could improve revenue quality, finance computing infrastructure and model upgrades, and gradually narrow the valuation discount between Chinese and US model companies. More：Kimi K3 propels China's ascent into top tier of global AI sector. China Daily，July 20, 2026 kimi智能 人工智能 kimi k3