Kunlun Core secretly submitted a report, prioritizing investors from existing Baidu shareholders
At the beginning of 2026, Baidu Group announced that its non-wholly-owned subsidiary Kunlun Core has submitted a main board listing application to the Hong Kong Stock Exchange in a confidential manner through joint sponsors. According to informed sources, Kunlun Core is expected to start its investor roadshow after the Spring Festival, with priority given to existing institutional shareholders of Baidu. It is reported that Kunlun Core's post-investment valuation after the D round financing in July 2025 was 21 billion yuan. (Sina Finance)
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments