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<IPO>BIDU-SW's Kunlunxin Said to Launch Roadshow After LNY
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BIDU-SW (09888.HK)'s subsidiary Kunlunxin is projected to launch an investor roadshow after the Lunar New Year (LNY), with priority given to Baidu's existing institutional shareholders, Sina reported, citing people with the knowledge of the matter. Earlier this year, Baidu announced that Kunlunxin had confidentially submitted a Main Board listing application to HKEX (00388.HK) through joint sponsors. Kunlunxin's post-investment valuation after its Series D financing in July 2025 was RMB21 billion, sources divulged. AASTOCKS Financial News Website: www.aastocks.com |
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