Stock Track | Baidu Surges 5.33% as It Announces Spin-off and Listing of Kunlunxin

Stock Track09:32

Baidu's stock (BIDU) soared 5.33% in the 24-hour trading session, reflecting strong investor sentiment following a significant corporate announcement.

The surge comes after Baidu revealed plans to spin off and list its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd., on the Hong Kong Stock Exchange. The move is intended to independently showcase Kunlunxin's value, attract investors interested in the AI chip sector, and enhance its market profile.

Analysts believe the spin-off will broaden Kunlunxin's financing channels and better align management accountability with performance, supporting Baidu's efforts to unlock the value of its AI-powered businesses. This strategic initiative has been well-received by the market, driving the stock's upward movement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1142819271?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-02 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1142819271","market":"sg","top_or_hot":-1,"title":"Stock Track | Baidu Surges 5.33% as It Announces Spin-off and Listing of Kunlunxin","media":"Stock Track","content":"<p>Baidu's stock (BIDU) soared 5.33% in the 24-hour trading session, reflecting strong investor sentiment following a significant corporate announcement.</p><p>The surge comes after Baidu revealed plans to spin off and list its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd., on the Hong Kong Stock Exchange. The move is intended to independently showcase Kunlunxin's value, attract investors interested in the AI chip sector, and enhance its market profile.</p><p>Analysts believe the spin-off will broaden Kunlunxin's financing channels and better align management accountability with performance, supporting Baidu's efforts to unlock the value of its AI-powered businesses. This strategic initiative has been well-received by the market, driving the stock's upward movement.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Baidu Surges 5.33% as It Announces Spin-off and Listing of Kunlunxin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Baidu Surges 5.33% as It Announces Spin-off and Listing of Kunlunxin\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-01-02 09:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Baidu's stock (BIDU) soared 5.33% in the 24-hour trading session, reflecting strong investor sentiment following a significant corporate announcement.</p><p>The surge comes after Baidu revealed plans to spin off and list its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd., on the Hong Kong Stock Exchange. The move is intended to independently showcase Kunlunxin's value, attract investors interested in the AI chip sector, and enhance its market profile.</p><p>Analysts believe the spin-off will broaden Kunlunxin's financing channels and better align management accountability with performance, supporting Baidu's efforts to unlock the value of its AI-powered businesses. This strategic initiative has been well-received by the market, driving the stock's upward movement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BIDU","symbol_name":"百度","start_time":0,"source_url":"","article_id":"1142819271","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1142819271","pubTimestamp":1767317569,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Baidu's stock (BIDU) soared 5.33% in the 24-hour trading session, reflecting strong investor sentiment following a significant corporate announcement.The surge comes after Baidu revealed plans to...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BIDU":"百度"},"translate_title":"股票赛道|百度大涨5.33%宣布分拆昆仑芯上市","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BIDU":1},"content_text":"Baidu's stock (BIDU) soared 5.33% in the 24-hour trading session, reflecting strong investor sentiment following a significant corporate announcement.The surge comes after Baidu revealed plans to spin off and list its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd., on the Hong Kong Stock Exchange. The move is intended to independently showcase Kunlunxin's value, attract investors interested in the AI chip sector, and enhance its market profile.Analysts believe the spin-off will broaden Kunlunxin's financing channels and better align management accountability with performance, supporting Baidu's efforts to unlock the value of its AI-powered businesses. This strategic initiative has been well-received by the market, driving the stock's upward movement.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1142819271","isCrawlerRequest":true}