StoryFunding
Baidu Kunlunxin confidentially files for Hong Kong Stock Exchange listing
Kunlunxin filed confidentially for a Hong Kong Stock Exchange listing in January 2026, following up with a STAR Market guidance announcement in May 2026. Analysts project the company's valuation toward the upper end of the HK$30-100 billion range.
- Confidential Hong Kong IPO filing in January 2026.
- STAR Market listing guidance announced May 7, 2026.
- Valuation expected toward upper end of HK$30-100B range.
- 2025 revenue projected at 3.5B+ RMB with breakeven expected.