Baidu (BIDU) Skyrockets 20% as Chip Unit Eyes IPO in HK [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
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's plan to list publicly on the Hong Kong Stock Exchange. 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's series H shares on the HKEx. Stock market data. Photo by RDNE Stock Project on Pexels 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. It noted, however, that Kunlunxin would remain a subsidiary of Baidu, Inc. (NASDAQ:BIDU) following the listing. “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 enh
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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