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On November 27th local time, according to foreign media reports, Xiyin has secretly applied to list in the United States, possibly becoming one of the largest initial public offerings (IPOs) in recent years, and may start trading on the public market as early as 2024. It is not yet clear about the current valuation of Xiyin. In the latest round of G+financing in 2023, Xiyin raised $2 billion, with a valuation of $66 billion. A year ago, Xiyin's valuation reached $100 billion. As of press release, Xiyin has not yet responded to this matter.
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