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.


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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

A logo of Baidu at an exhibition center during organized media tour in Hohhot, Inner Mongolia Autonomous Region, China, June 11, 2026. REUTERS/Maxim Shemetov

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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

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