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Baidu's Kunlun Chip Technology plans to list in Hong Kong.

2026-06-28 20:42:44

Jinse Finance reports that on June 29, Baidu’s Kunlun Chip Technology plans to list in Hong Kong. Insiders revealed that its target valuation is $50 billion. The Kunlun Chip IPO will prioritize investors that purchase its chips, and investors must commit to buying chips worth 3 to 7 times their subscription amount. (The Information)

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