Baidu’s AI Chip Division Kunlunxin Pushes Ahead with Main Board IPO in Hong Kong

June 30, 2026 – Kunlunxin Technology, Baidu’s dedicated subsidiary focused on self-developed artificial intelligence silicon chips, is pressing forward with its initial public offering on Hong Kong Stock Exchange’s Main Board, eyeing a headline valuation of roughly USD 50 billion as market watchers track the landmark domestic semiconductor listing. The chip firm took a critical…

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