China $51 Billion Internet & Cloud-Computing Giant Baidu Plans to Switch Hong Kong Secondary Listing to Primary Listing, Baidu Primary Listing IPO on Nasdaq in 2005 & Has Secondary Listing on Hong Kong Exchange (HKEX), Baidu Founded in 2000 by Robin Li Who is Billionaire with $8 Billion Fortune, Current Market Value at $51.1 Billion, Share Price +1.8% YTD, +84.7% Last 12 Months & -31.7% Last 5 Years
16th January | Hong Kong
China internet & cloud-computing giant Baidu ($51 billion market value) is reported to be planning to switch Hong Kong secondary listing to Hong Kong primary listing. Baidu primary listing IPO on Nasdaq was in 2005 & has secondary listing on Hong Kong Exchange (HKEX). Baidu was founded in 2000 by Robin Li who is a billionaire with $8 billion fortune. Baidu current market value at $51.1 billion, share price +1.8% YTD, +84.7% last 12 months & -31.7% last 5 years. In 2026 January, Baidu AI chip subsidiary Kunlunxin Hong Kong IPO is reported to be raising around $1.5 billion, having previously raised funding at $3 billion (CNY 21 billion) valuation. In 2026 January, Kunlunxin filed for Hong Kong IPO after raising previous funding at $3 billion (CNY 21 billion) valuation. In 2025 December, Baidu was planning for AI chip subsidiary Kunlunxin Hong Kong IPO after raising funding at $3 billion (CNY 21 billion) valuation. Kunlunxin was founded in 2012 to develop AI chips for Baidu. In 2025 September, Baidu was issuing a $617 million (CNY 4.4 billion) CNY 4-year offshore bonds with 1.9% coupon maturing in 2029. In 2025 March, Baidu issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. In 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
“ China $51 Billion Internet & Cloud-Computing Giant Baidu Plans to Switch Hong Kong Secondary Listing to Primary Listing, Baidu Primary Listing IPO on Nasdaq in 2005 & Has Secondary Listing on Hong Kong Exchange (HKEX), Baidu Founded in 2000 by Robin Li Who is Billionaire with $8 Billion Fortune, Current Market Value at $51.1 Billion, Share Price +1.8% YTD, +84.7% Last 12 Months & -31.7% Last 5 Years “
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China $49 Billion Internet & Cloud-Computing Giant Baidu AI Chip Subsidiary Kunlunxin Hong Kong IPO to Raise $1.5 Billion, Previous Funding at $3 Billion (CNY 21 Billion) Valuation, Kunlunxin Founded in 2012 to Develop AI Chips for Baidu (Founded in 2000 by Robin Li Who is Billionaire with $8 Billion Fortune)
8th January – China internet & cloud-computing giant Baidu ($49 billion market value) AI chip subsidiary Kunlunxin Hong Kong IPO is reported to be raising around $1.5 billion, having previously raised funding at $3 billion (CNY 21 billion) valuation. In 2026 January, Kunlunxin filed for Hong Kong IPO after raising previous funding at $3 billion (CNY 21 billion) valuation. In 2025 December, Baidu was planning for AI chip subsidiary Kunlunxin Hong Kong IPO after raising funding at $3 billion (CNY 21 billion) valuation. Kunlunxin was founded in 2012 to develop AI chips for Baidu. Baidu was founded in 2000 by Robin Li who is a billionaire with $8 billion fortune. In 2025 September, Baidu was issuing a $617 million (CNY 4.4 billion) CNY 4-year offshore bonds with 1.9% coupon maturing in 2029. In 2025 March, Baidu issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. In 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $51 Billion Internet & Cloud-Computing Giant Baidu AI Chip Subsidiary Kunlunxin Files for Hong Kong IPO after Previous Funding at $3 Billion (CNY 21 Billion) Valuation, Kunlunxin Founded in 2012 to Develop AI Chips for Baidu (Founded in 2000 by Robin Li Who is Billionaire with $8 Billion Fortune)
3rd January – China internet & cloud-computing giant Baidu ($51 billion market value) AI chip subsidiary Kunlunxin has filed for Hong Kong IPO after raising previous funding at $3 billion (CNY 21 billion) valuation. In 2025 December, Baidu was planning for AI chip subsidiary Kunlunxin Hong Kong IPO after raising funding at $3 billion (CNY 21 billion) valuation. Kunlunxin was founded in 2012 to develop AI chips for Baidu. Baidu was founded in 2000 by Robin Li who is a billionaire with $8 billion fortune. In 2025 September, Baidu is issuing a $617 million (CNY 4.4 billion) CNY 4-year offshore bonds with 1.9% coupon maturing in 2029. In 2025 March, Baidu issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. In 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $43 Billion Internet & Cloud-Computing Giant Baidu Plans AI Chip Subsidiary Kunlunxin Hong Kong IPO after Raising Funding at $2.97 Billion (CNY 21 Billion) Valuation, Kunlunxin Founded in 2012 to Develop AI Chips for Baidu (Founded in 2000 by Robin Li Who is Billionaire with $7 Billion Fortune)
6th December – China internet & cloud-computing giant Baidu ($43 billion market value) is planning for AI chip subsidiary Kunlunxin Hong Kong IPO after raising funding at $2.97 billion (CNY 21 billion) valuation. Kunlunxin was founded in 2012 to develop AI chips for Baidu. Baidu was founded in 2000 by Robin Li who is a billionaire with $7 billion fortune. In 2025 September, Baidu is issuing a $617 million (CNY 4.4 billion) CNY 4-year offshore bonds with 1.9% coupon maturing in 2029. In 2025 March, Baidu issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. In 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $36 Billion Internet & Cloud-Computing Giant Baidu to Issue $617 Million (CNY 4.4 Billion) CNY 4-Year Offshore Bonds with 1.9% Coupon Maturing in 2029
10th September – China internet & cloud-computing giant Baidu ($32 billion market value) is issuing a $617 million (CNY 4.4 billion) CNY 4-year offshore bonds with 1.9% coupon maturing in 2029. In 2025 March, Baidu issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. Earlier in 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $32 Billion Internet & Cloud-Computing Giant Baidu Issues $2 Billion Zero-Coupon Convertible Bonds into Online Travel Platform Trip.com Shares at +43% Premium Over Share Price of HKD 491, Bonds to be Listed on Frankfurt Stock Exchange
9th March 2025 – China internet & cloud-computing giant Baidu ($32 billion market value) has issued a $2 billion zero-coupon convertible bonds into online travel platform Trip.com shares at 43% premium over share price of HKD 491. The bonds will be listed on Frankfurt Stock Exchange. Earlier in 2025 March, Baidu was planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $31 Billion Internet & Cloud-Computing Giant Baidu to Issue $1.3 Billion (CNY 10 Billion) CNY Offshore Bonds in 5-Year Note with 3% Coupon & 10-Year Note with 3.4% Coupon
5th March 2025 – China internet & cloud-computing giant Baidu ($31 billion market value) has been reported to be planning to issue $1.3 billion (CNY 10 billion) of CNY offshore bonds in 5-year note with 3% coupon & 10-year note with 3.4% coupon. In 2025 February, Baidu announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
China $31 Billion Internet & Cloud-Computing Giant Baidu Buys Social Media Platform JOYY Live Streaming Business YY Live for $2.1 Billion, Had Agreed to Buy YY Live for $3.6 Billion in 2020 But Did Not Receive China Government Approval
26th February 2025 – China internet & cloud-computing giant Baidu ($31 billion market value) has announced to buy local media platform JOYY live streaming business YY Live for $2.1 billion. In 2020, Baidu had agreed to buy YY Live for $3.6 billion, but did not receive China government approval.
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