Tag: Hong Kong IPO
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Baidu’s Kunlunxin Files Confidential Hong Kong IPO to Boost China AI Ambitions
Overview of Kunlunxin’s Hong Kong IPO Filing Baidu Inc.’s artificial‑intelligence (AI) chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering (IPO). The move marks a strategic step for Beijing‑based Baidu as it expands financing avenues for its AI hardware ambitions. While the filing is confidential, market chatter points to a listing…
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Baidu’s Kunlunxin Files Confidential Hong Kong IPO, Shaping a Big Tech Listings Year
Overview: Kunlunxin Goes Quiet on the Hong Kong Stage Baidu Inc.’s AI chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering, a move that underscores the company’s ambition to scale its AI hardware capabilities amid growing demand for advanced neural processors. While the filing is not yet public, industry watchers expect…
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Baidu’s Kunlunxin Signals Hong Kong IPO as China AI Chip Ambitions Accelerate
Overview: Kunlunxin Joins the Hong Kong IPO Wave Baidu Inc.’s artificial-intelligence (AI) chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering, according to people familiar with the matter. The move underscores the growing appetite among Chinese tech firms to pursue capital markets in Hong Kong as they scale AI hardware and…
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AI Stocks Rally: Pony.ai Debut in Hong Kong and WeRide Boost Asia Markets
Asia-Pacific Markets Rise on AI Stock Rally Asia-Pacific equities climbed Thursday, following a Wall Street rally sparked by solid results from major artificial intelligence players. The optimism was buoyed by AMD’s stronger-than-expected third-quarter earnings, which reinforced support for AI-focused equities and related technology firms across the region. In Tokyo, the Nikkei 225 edged up about…
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Asia-Pacific Markets Rally on AI Stock Momentum as AMD Beats Drive AI Stocks Higher
AI Stocks Spark Asia-Pacific Rally Following AMD’s Strong Q3 Asian equity markets gained ground on Thursday, tracking a rally in Wall Street driven by a hotter-than-expected performance from Advanced Micro Devices (AMD) in the third quarter. The upbeat results reignited investor interest in artificial intelligence stocks and related tech plays across the region, with investors…