Baidu Announces Proposed Spin-off and Separate Listing of Kunlunxin
Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU)
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm
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ir.baidu.com
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Source: PR Newswire
BEIJING, Jan. 1, 2026 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its proposed spinoff and separate listing of the H shares of Kunlunxin (Beijing) Technology Co., Ltd. ("Kunlunxin"), a non-wholly owned subsidiary of the Company, on the Main Board of the Hong Kong Stock Exchange (the "Proposed Spin-off"). The Proposed Spin-off aims to independently showcase Kunlunxin's 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's AI-powered businesses.A listing application form has been submitted to the Hong Kong Stock Exchange (the "HKEX") on a confidential basis to apply for the listing of, and permission to deal in, the H share
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BIDU
Earnings
- 11/18/25 - Beat
BIDU
Sec Filings
- 1/2/26 - Form 6-K
- 12/29/25 - Form 144
- 12/8/25 - Form 6-K
- BIDU's page on the SEC website