Kunlun Chip pushes for A+H listing, aiming for a valuation of 100 billion; Sci-Tech Innovation Board IPO guidance suggests listing on Hong Kong stocks next quarter

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May 9, 2026

Kunlun Chip Rushes to A+H Listing, Targeting a Trillion-Yuan Valuation
Sci-Tech Innovation Board IPO Guidance; Expected to List on Hong Kong Stocks Next Quarter

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Kunlun Chip, the chip business subsidiary under Baidu Group (09888), continues to push forward its listing plan. It is reported to be seeking a valuation of at least 100 billion yuan RMB when listing in Hong Kong. Some major banks expect the company to complete its Hong Kong listing in the third quarter or earlier. Recently, Kunlun Chip also kicked off an A-share listing guidance filing and plans to list on the Sci-Tech Innovation Board. Baidu boosted; stock price rises nearly 6% Comprehensive analysis suggests that tech companies are, before and after their listing in Hong Kong, simultaneously advancing A-share guidance filings, which …

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