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Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
Channel News Asia Sunday 28 June 2026, 18:19 UTC 1 min read
Key Points

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports June 28 : Baidu's chip unit, Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Reuters could not immediately verify the report.

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports June 28 : Baidu's chip unit, Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources. Reuters could not immediately verify the report. Source: Reuters
Baidu (ORG) AI (ORG) Kunlunxin (ORG) Hong Kong (LOCATION)
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