Kunlunxin, Baidu's AI Chip Unit, Aims for $50 Billion Hong Kong IPO

Baidu’s AI chip unit Kunlunxin is planning a $50 billion initial public offering (IPO) in Hong Kong. The report indicates that investors are being asked to commit three to seven times the value of their planned subscription, signaling strong investor interest.

By Reuters Sun, June 28, 2026 at 9:19 PM GMT+3 1 min read · Yahoo Finance · June 28, 2026, 18:19 UTC

Kunlunxin, Baidu's AI Chip Unit, Aims for $50 Billion Hong Kong IPO

Tickers: $700 $BIDU

Topics: AI chips Baidu Hong Kong stock exchange IPO Kunlunxin

Read the full article at Yahoo Finance

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