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Baidu's Kunlunxin Plans to List in Hong Kong, with Annual Revenue Surpassing Cambricon and Moore Threads
2025-12-06 /
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Author：小编
Recently, according to investors close to Baidu's Kunlunxin who disclosed to the media, Kunlunxin, a subsidiary of Baidu, originally planned to list on the Science and Technology Innovation Board. However, after discussions with multiple securities firms, it decided to switch to the Hong Kong stock market in the second half of this year. It plans to submit its listing application to the Hong Kong Stock Exchange as early as the first quarter of 2026, with the goal of completing its IPO in early 2027. Previously, Kunlunxin has completed a new round of financing, with a post-investment valuation of approximately RMB 21 billion.
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