According to @CNBC, Zhongji Innolight fell on its Hong Kong debut after a $6.8B IPO, signaling cautious demand for AI hardware suppliers amid valuation concerns.

According to @CNBC, Baidu’s Kunlunxin plans a Hong Kong IPO near $50B, with chip purchase tie-ins up to 7x investment, per The Information.

According to @CNBC, Baidu’s chip unit Kunlunxin targets a $50B Hong Kong IPO, lifting Baidu shares 7% and signaling rising AI accelerator demand.