{"id":220305,"date":"2026-01-04T17:57:18","date_gmt":"2026-01-04T17:57:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/220305\/"},"modified":"2026-01-04T17:57:18","modified_gmt":"2026-01-04T17:57:18","slug":"baidu-bidu-skyrockets-20-as-chip-unit-eyes-ipo-in-hk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/220305\/","title":{"rendered":"Baidu (BIDU) Skyrockets 20% as Chip Unit Eyes IPO in HK"},"content":{"rendered":"\n

We recently published 10 Stocks Already Shocking 2026 With Massive Gains<\/a>. Baidu, Inc. (NASDAQ:BIDU) was one of the top performers last week.<\/p>\n

Baidu saw its share prices jump by 20.4 percent week-on-week to hit a new 52-week high, as investors took heart from its semiconductor subsidiary\u2019s plan to list publicly on the Hong Kong Stock Exchange.<\/p>\n

In a regulatory filing, Baidu, Inc. (NASDAQ:BIDU) said that it was looking to spin off Kunlunxin (Beijing) Technology Co., Ltd. in line with its plan to separately list the latter\u2019s series H shares on the HKEx.<\/p>\n

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Stock market data. Photo by RDNE Stock Project on Pexels<\/p>\n

An official filing has already been submitted, but the proposed spinoff has yet to be finalized, pending approval of the HKEx, filing completion with the China Securities Regulatory Commission, and the final decisions between the two firms.<\/p>\n

It noted, however, that Kunlunxin would remain a subsidiary of Baidu, Inc. (NASDAQ:BIDU) following the listing.<\/p>\n

\u201cThe proposed spin-off aims to independently showcase Kunlunxin\u2019s value, attract investors focused on the AI chip sector, and leverage its standalone listing to enhance its market profile, broaden financing channels, and better align management accountability with performance. This also supports the effort to unlock the value of Baidu\u2019s AI-powered businesses,\u201d Baidu, Inc. (NASDAQ:BIDU) said.<\/p>\n

Founded in 2012, Kunlunxin supports Baidu, Inc.\u2019s (NASDAQ:BIDU) ambition to become a full-stack AI company.<\/p>\n

Last year, Kunlunxin bagged 1 billion yuan worth of orders from technology companies supplying to China Mobile\u2014one of the country\u2019s largest mobile carriers.<\/p>\n

While we acknowledge the potential of BIDU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT: 30 Stocks That Should Double in 3 Years<\/a> and

Insider Monkey<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Baidu, Inc. (NASDAQ:BIDU) was one of the…\n","protected":false},"author":2,"featured_media":220306,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[14158,114,26996,40035,85,756,46,121421],"class_list":["post-220305","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-baidu","tag-business","tag-china-securities-regulatory-commission","tag-hong-kong-stock-exchange","tag-il","tag-inc","tag-israel","tag-semiconductor-subsidiary"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/220305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=220305"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/220305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/220306"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=220305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=220305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=220305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}