semiconductor / news / / Bloomberg
Baidu Inc.’s chip unit Kunlunxin is planning an initial public offering.
Kunlunxin, Baidu's chip unit, is planning an IPO on Shanghai's STAR Board.
KEY POINTS
- Kunlunxin is working with China International Capital Corp. for the Shanghai IPO process.
- Kunlunxin had previously confidentially filed for an IPO in Hong Kong earlier this year.
- This dual listing strategy targets growing investor interest in China's semiconductor industry.
COMPANIES
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