Baidu Chip Unit Kunlunxin Eyes $14.7 Billion Valuation in Hong Kong IPO
businessstocksworldchina 2 posts · 2 accounts
Baidu's chip unit Kunlunxin is planning an IPO on Shanghai's Nasdaq-style bourse in addition to a separate listing plan in Hong Kong, as the Chinese search engine company looks to tap investor appetite for semiconductor stocks.
The South China Morning Post later reported that Kunlunxin is eyeing a valuation of about $14.7 billion in the Hong Kong IPO.
From the sources (2 posts)
@businessBaidu’s chip unit Kunlunxin is planning an IPO on Shanghai’s Nasdaq-style bourse in addition to a separate listing plan in Hong Kong as the Chinese search engine giant looks to taps investor appetite for semiconductor stocks
@firstsquawkBAIDU CHIP UNIT KUNLUNXIN EYES US$14.7B VALUATION IN HONG KONG IPO - SCMP