24H | Baidu Jumps 4% as Its AI Chip Arm Kunlunxin Completes the Filing for Listing Tutoring

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Baidu’s U.S.-listed shares jumped 4% in overnight trading.

The China Securities Regulatory Commission disclosed that Baidu Inc.’s artificial-intelligence chip unit Kunlunxin (Beijing) Technology completed the filing for listing tutoring with the Beijing Securities Regulatory Bureau last Thursday (Apr 29), in preparation for an IPO and a proposed listing on the STAR Market. The tutoring broker is CICC.

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