Baidu proposes spinoff of AI chip unit Kunlunxin on Hong Kong exchange
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Baidu Announces Proposed Spin-off and Separate Listing of Kunlunxin
January 1, 2026 7:30 PM ESTBEIJING, Jan. 1, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its proposed spinoff and separate listing of the H shares of Kunlunxin (Beijing) Technology Co., Ltd. ("Kunlunxin"), a non-wholly owned subsidiary of the Company, on the Main Board of the Hong Kong Stock Exchange (the... More
