• Trading at $126.35 (+6.43%) in live trading during the current session
  • Rising after reports Baidu will list Kunlunxin AI chip unit in Hong Kong via IPO
  • Investors upbeat on AI strategy as Kunlunxin targets multi-billion-yuan revenue and stronger profitability
  • Move aligns with AI chip valuation optimism, lifting sentiment despite prior concerns over earnings and layoffs