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moves money Tech-Economic Times June 28, 2026

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: Report

Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO: Report
AI Summary

Investors have been asked to ‌buy chips ⁠with ⁠a value three to seven times the worth of their ​planned subscription in Kunlunxin's initial public offering shares, the report ​said.

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