Qianer Liu / The Information:

Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment  —  In China, chip companies may have found a new clientele for their semiconductors: IPO investors.

Qianer Liu / The Information:

Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment  —  In China, chip companies may have found a new clientele for their semiconductors: IPO investors.

Source: TechMeme
Source Link: https://www.techmeme.com/260628/p11#a260628p11