How Popular is Kimi's Old Stock? The Quota Vanishes in Seconds, Too Busy to Distinguish Reality from Hype

According to Dongcha Beating monitoring, Kimi's pre-IPO shares are being aggressively sought after in the primary market. A report by 36Kr revealed that there has been a continuous outflow of Kimi's pre-IPO shares in the market recently, with prices and allocations changing rapidly. Some hesitated for a moment, only to find their shares had been snapped up by others.

In a particularly extreme case, it was rumored in the market that Yang Zhilin's personal fund transferred pre-IPO shares at a valuation of $18 billion, with a 10% fee charged up front and an additional 20% of the profits taken later. Despite such stringent terms, numerous institutions are still prepared to subscribe. One financial advisor had even identified an investor, prepared the funds, but ultimately could not secure a formal agreement, leading to a collapsed deal.

The frenzied rush to purchase has led to the spread of false information. Some have claimed that the allocation was "shorted as soon as it became available," and there are even retail investors boasting about buying Kimi's "publicly listed shares." Within the same investment group, different intermediaries have begun to debunk each other's claims.

Previously, The Dark Side of the Moon issued a specific announcement to remind everyone that all financing is directly managed by the company, and any transfer of pre-IPO shares must be approved by the company. Unauthorized transactions are strictly deemed invalid.