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Following a 5% increase on Friday, Baidu Group-SW opened 3.29% higher today to HK$125.6. According to the news, Baidu Group announced on the Hong Kong Stock Exchange last night that there are media reports that the company plans to separate its non-wholly-owned subsidiary Kunlunchip Technology Co., Ltd. for an independent listing. The company would like to clarify that it is currently evaluating the proposed spin-off and listing. If a proposed spin-off and listing is carried out, it will be subject to relevant regulatory approval procedures, and the company does not guarantee that the proposed spin-off and listing will take place.

Zhitongcaijing·12/08/2025 01:33:03
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Following a 5% increase on Friday, Baidu Group-SW opened 3.29% higher today to HK$125.6. According to the news, Baidu Group announced on the Hong Kong Stock Exchange last night that there are media reports that the company plans to separate its non-wholly-owned subsidiary Kunlunchip Technology Co., Ltd. for an independent listing. The company would like to clarify that it is currently evaluating the proposed spin-off and listing. If a proposed spin-off and listing is carried out, it will be subject to relevant regulatory approval procedures, and the company does not guarantee that the proposed spin-off and listing will take place.