Chinese tech giant Baidu plans to separate its semiconductor subsidiary Kunlunxin and offer its shares on the Hong Kong Stock Exchange, according to a report dated Jan. 2, 2026. The unit develops chips for artificial intelligence (AI) applications.
The move would involve spinning off Kunlunxin as a listed company in Hong Kong; the report did not provide details on timing, the size of the offering, or valuation.
Kunlunxin is Baidu’s dedicated AI chip division, reflecting the group’s activities in both AI software and hardware. #Baidu #Kunlunxin #AI #HongKong #FiatNews