Baidu Inc. has announced a proposed spin-off and separate listing of its non-wholly owned subsidiary, Kunlunxin (Beijing) Technology Co., Ltd., on the Main Board of 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. The spin-off is also expected to broaden financing channels and better align management accountability with performance, supporting Baidu's efforts to unlock the value of its AI-powered businesses.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baidu Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN55388) on January 02, 2026, and is solely responsible for the information contained therein.
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