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AI TRENDS | Baidu’s Kunlunxin Plans Hong Kong IPO at $50 Billion Valuation, Report Says

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2026-06-29 02:27:25
Baidu’s chip unit Kunlunxin is planning to list in Hong Kong at a valuation of $50 billion, according to The Information.

According to Jin10, the report said IPO investors would be required to commit to purchasing chips worth three to seven times the amount of their IPO subscription.
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