DalsnaFinance

Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Tech CNBC By CNBC 29 Jun 2026 04:09 1 min read
Baidu shares jump 7% as AI chip arm Kunlunxin said to target $50 billion Hong Kong IPO

Baidu's Hong Kong-listed shares rose over 6% amid reports that its AI chip unit Kunlunxin is targeting a $50 billion initial public offering in the city.

Baidu's Hong Kong-listed shares rose over 6% amid reports that its AI chip unit Kunlunxin is targeting a $50 billion initial public offering in the city.

Read the full story on CNBC → Opens the original article on www.cnbc.com

Summary aggregated from CNBC's public RSS feed. The full reporting belongs to CNBC — please read it on their site.