According to The Information, Baidu’s Kunlun chip unit plans a Hong Kong IPO valuing the business at about $50 billion. IPO investors would be required to Commit to purchasing chips equal to roughly 3–7 times their subscription amount.

2026-06-29

According to The Information, Baidu’s Kunlun chip unit plans a Hong Kong IPO valuing the business at about $50 billion. IPO investors would be required to Commit to purchasing chips equal to roughly 3–7 times their subscription amount.