AI chip designer Biren's shares surge 76% on debut in Hong Kong [Yahoo! Finance]
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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Source: Yahoo! Finance
The artificial intelligence chip designer's stock finished at 34.46 Hong Kong dollars after an initial public offering that was priced at 19.60 Hong Kong dollars, the top of an indicative range. Strong investor demand helped the company raise $717 million through the IPO, with its retail portion subscribed more than 2,300 times. The developer of graphics processing units used to train and run AI models made its debut amid a wave of blockbuster Chinese listings in the sector, which has emerged as one of hottest themes in global equity markets. Apart from the surging investor interest in all things AI , China's push to support homegrown technology has also boosted sentiment. Shanghai Biren's strong start will likely augur well for two other AI-related stocks—MiniMax Group Inc. and Knowledge Atlas Technology JSC Ltd., better known as Zhipu—that are set to list in the Asian financial hub next week. Separately, Baidu Inc.'s AI chip unit confidentially filed for a Hong Kong IPO on Frid
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BIDU
News
- Benchmark Raises Baidu (BIDU) Price Target to $215, Citing Kunlun Spinoff and Robotaxi Value [Yahoo! Finance]Yahoo! Finance
- Is Trending Stock Baidu, Inc. (BIDU) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- Baidu (NASDAQ:BIDU) had its "buy" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Baidu (NASDAQ:BIDU) was given a new $215.00 price target on by analysts at UBS Group AG.MarketBeat
- Baidu (NASDAQ:BIDU) had its "buy" rating reaffirmed by analysts at Benchmark Co..MarketBeat
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