Hong Kong-listed Tianshu Zhixin (09903.HK) rose about 7.5%; Baidu (09888.HK) pared intraday losses to 0.4% after reports that ByteDance is in talks to buy AI inference chips from Tianshu Zhixin and is also considering using Baidu’s Kunlun AI chips.

2026-06-15

Hong Kong-listed Tianshu Zhixin (09903.HK) rose about 7.5%; Baidu (09888.HK) pared intraday losses to 0.4% after reports that ByteDance is in talks to buy AI inference chips from Tianshu Zhixin and is also considering using Baidu’s Kunlun AI chips.